Quakers oppose changes to investment and procurement rules
Britain Yearly Meeting voices opposition to government plans
Britain Yearly Meeting (BYM) has issued a response to the government’s plans to ban local councils from making ethical choices in their pension investments and procurements.
According to BYM, the proposals are undemocratic. They are expected to prevent councils from passing policies to divest from or refuse contracts with arms companies, Israeli companies or companies connected to illegal Israeli settlements in occupied Palestine.
BYM’s submission to the government referred to the proposals as ‘an unprecedented intervention in the right, as well as duty, of local councils to take decisions that reflect the views and opinions of local communities.’
Paul Parker, recording clerk of Britain Yearly Meeting, added: ‘Organisations should be free to spend and invest money in an ethical way that reflects the views of their members.’
Comments
Is there any way we could ask for a judicial review?
By BrianH on 25th February 2016 - 18:03
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