Abbreviation GBOPHB Location Glenview, Illinois Subsidiaries Wespath | Formation 1908 (1908) CEO Barbara Boigegrain | |
Type Non-profit Pension fund | ||
The General Board of Pension and Health Benefits is a non-profit agency which supervises retirement funds, investments and health insurance for clergy and lay employees of the United Methodist Church.
Established in 1908 its current head office is in Glenview, Illinois. It manages funds valued at $20 billion.
Sustainable Investment
The GBOPHB follows the United Nations Guiding Principles on Business and Human Rights. It identifies several countries as having "prolonged and systematic patterns of human rights violations."
These countries include the Central African Republic, Israel, North Korea, and Saudi Arabia. A total of 44 companies are excluded from its investment funds including all of Israel's major banks. The board also excludes a further nine companies due to their contribution to global warming.