echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > International Chemical > Tackling climate change The Church of England will divest its investment in oil and gas companies

    Tackling climate change The Church of England will divest its investment in oil and gas companies

    • Last Update: 2022-12-27
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    The Church of England voted to withdraw investment
    from companies that are not doing enough to tackle climate change.

    Tackling climate change The Church of England will divest its investment in oil and gas companies

    The General Council of the Church of the State said there was broad support for its ongoing strategy of working with companies rather than investing
    in them prematurely.

    However, the General Assembly added that the target must ensure that the goals of the Paris climate agreement are met by 2023, otherwise investments in oil and gas companies will be
    withdrawn.

    A spokesman for the Church of the State said: "The vote in the General Council shows that the Church must play a leading role and exercise its moral leadership on
    the pressing issue of climate change.
    Today's decision will allow us to continue to drive real change in the oil and gas industry and drive the change
    we want to see through our voting power and the right to submit shareholder resolutions.

    The Church of England voted to withdraw investment
    from companies that are not doing enough to tackle climate change.

    investment

    Tackling climate change The Church of England will divest its investment in oil and gas companies

    Tackling climate change The Church of England will divest its investment in oil and gas companies

    The General Council of the Church of the State said there was broad support for its ongoing strategy of working with companies rather than investing
    in them prematurely.

    However, the General Assembly added that the target must ensure that the goals of the Paris climate agreement are met by 2023, otherwise investments in oil and gas companies will be
    withdrawn.

    A spokesman for the Church of the State said: "The vote in the General Council shows that the Church must play a leading role and exercise its moral leadership on
    the pressing issue of climate change.
    Today's decision will allow us to continue to drive real change in the oil and gas industry and drive the change
    we want to see through our voting power and the right to submit shareholder resolutions.

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.