The CFB Council oversees the activities of the organisation, which has an ethical pledge, stating that "the securities held by all CFB funds will, to the best of our ability, be in line with the ethical policy of the Methodist Church". The CFB Council is appointed by the CFB Board, which is the equivalent of a shareholder/stakeholder base. Board members are appointed from positions within Methodism or elected. The CFB reports to its board members on its ethical investment activities.
The CFB is advised on its ethical investment approach by the Joint Advisory Committee on the Ethics of Investment (JACEI). This body consists of representatives from the Methodist Church. Observers from other churches also attend its meetings. It reports to the Methodist Conference, a body of democratically-elected delegates. JACEI normally meets each quarter. It reviews CFB Epworth investments and decisions, it commissions new ethical investment research, it advises on exclusions and responses to engagement; it advises on ethical/ESG investment policies.
Our structure means the CFB has one of the most transparent and accountable oversight mechanisms of all PRI members.
Ethical investment is integral to our work and consequently members of staff who have oversight/accountability responsibilities for investment portfolios implement the ethical policies on a day to day basis. We have a monthly ethics meeting which brings the entire team together to discuss the relevant ethical issues. All team members contribute into the meeting. Minutes of the meeting are viewed by the CFB Council and JACEI.