Responsible investing

We want Cornwall and the Isles of Scilly to be a great place to live for everyone – a place where people work together to address disadvantage and build strong, resilient communities. We inspire philanthropy and giving to meet local needs, building equitable and strong communities. We seek to build our endowment and ensure that the funds entrusted to us generate a growing income that can be distributed as grants.

In doing so we select specialist charity or similar funds managed by professional fund managers. We expect the managers to use ‘responsible’ criteria when identifying stocks and engaging with the management of companies that they invest in, ensuring that they uphold suitable standards on behalf of all their investors. In selecting and reviewing investment managers, we ensure adherence to these criteria as being non-negotiable. In particular we require that they pursue Net Zero 2050 climate change policies and UN Sustainable Development Goals at all times.

As a general rule, we believe that the long-term interests of CCF, its fund holders and its beneficiaries are best served by engaging in the widest possible number of investment opportunities. Nevertheless, it should be noted that all of our current fund managers have policies that exclude investment in companies engaged in the extraction or processing of fossil fuels.

All donations to the Endowment are invested in accordance with the terms of our Investment Policy Statement. Alternative investment funds are available that have more specific criteria and should a donor wish to use one of these vehicles, we would be happy to establish a separate CCF Fund that meets their own definition of responsible investing.