The Church of England Ethical Investment Advisory Group (EIAG) has encouraged the church to take a “precautionary” stance on investments in genetic modification (GM).
In an update of its policy on investing in genetically modified organisms (GMOs), the EIAG claims that companies developing GMOs will have to meet strict “ethical standards” and satisfactory criteria, such as transparent communication, monitoring of the risks, good purposes and so on.
James Featherby, chair of the EIAG, said, “The EIAG recognises the potential benefits of responsibly-conducted GM such as pest resistance, vitamin supply, and improved resilience to drought, frost and saline conditions.
“We are also conscious that genetic modification represents a paradigm shift in plant and animal breeding and that there remain uncertainties about the effects of the application of the technology.
“The EIAG concluded that it is important that the investment practice of the national investing bodies should be consistent with a careful and precautionary approach to genetic modification.”
GMOs remain a matter of controversy in Europe and across the world. The main arguments brought by opponents are the excessive manipulation of nature and the huge power given to biotechnologies companies that have patented seeds, for example.
In 2000, the EIAG was advising church landowners not to consider GM trials on their farmland. However, its updated policy paves the way to the cultivation of “acceptable” and “already well-established” GM crops on land owned by the national investing bodies.
New Archbishop must lead on ethical investment
hurch to engage in “board level dialogue” over News Corporation investment
Like our Facebook Page
The Lifecycle of Eco-Friendly Hydroponic Gardens
Michael Stortini Shares Insights on Eco-Friendly Building Designs
Remote Work Changes Human Resources for Green Businesses
7 Tips to Minimize the Negative Impact Businesses Have on the Environment
You Need These Eco-Friendly Home Improvements Before the Coming Recession
The Pros and Cons of Fixed Prices for Sustainable Energy
How to Plan an Unforgettable Eco-Friendly Trip to Europe
Is Decarbonizing The Shipping Industry an Achievable Goal?
Designing Eco-Systems Sustainable Exhibits: Strategies for Reducing Environmental Impact
Green Living, Education and Awareness Are Keys to Preventing Mesothelioma
6 Home Improvements You Can Make to Help the Environment
Reduce, Reuse, Recycle: Eco-Friendly Party Favors Made for the Garden
Humane Pigeons Pest Control Tips Environmentalists Can Follow
Environmental Impact of Artificial Grass for Your Lawn
Choosing The Best Eco-Friendly Furniture Set for your Living Room
How to Travel More Sustainably While Saving Money
The Truth About The Environmental Impact of Dogs
Planning an Eco-Friendly Bus Trip to Singapore with Friends
6 Major Luxury Residential Projects Responding to Climate Change
Essential Findings to Include in Your Research Paper on Air Pollution
- Energy11 months ago
How To Choose the Right Solar Inverter for Your Home?
- Energy11 months ago
How to Choose the Best Solar Panel for Your Home
- Environment11 months ago
Reduce Industry Footprints with Sustainable Material Swaps
- Environment10 months ago
Is Smart Building Technology the Future of Sustainability?