…By Lola Smith for TDPel Media.
By the end of the year, the Church plans to remove its investments from oil and gas companies, unless they demonstrate genuine efforts to limit global temperature increase to 1.5 degrees Celsius above pre-industrial levels.
Church Commissioners emphasize duty to protect the environment and pursue climate justice
Alan Smith, the first church estates commissioner, highlighted the gravity of the decision and expressed hope that companies may align with the Church’s criteria in the future.
However, the activist shareholder group Follow This expressed skepticism about divestment, suggesting that voting power and shareholder engagement would be more effective in driving change.