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Sat, 2014-09-13 15:33 — Maeryn Obley
huffingtonpost.com - August 29th, 2014 - Yasmine Hafiz
The World Council of Churches, which represents over 500 million Christians in more than 110 countries, has decided to divest from fossil fuels, reports The Guardian.
The WCC Central Committee, which includes religious leaders from around the world, voted to include fossil fuel companies in the sectors that WCC will not invest in on ethical grounds, according to a statement from 350.org, an international enviromental campaign.
A report from the WCC's finance policy committee simply states, "The committee discussed the ethical investment criteria, and considered that the list of sectors in which the WCC does not invest should be extended to include fossil fuels."
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World Council of Churches - Report - Finance Policy Committee
oikoumene.org - July 8, 2014
World Council of Churches - Report of the Finance Policy Committee
http://www.oikoumene.org/en/resources/documents/central-committee/geneva-2014/report-of-the-finance-policy-committee
World Council of Churches - Report of the Finance Policy Committee
Page 3
5. Investment Policy
"The committee discussed the ethical investment criteria, and considered that the list of sectors in which the WCC does not invest should be extended to include fossil fuels."
(12 page .PDF file)
http://thinkprogress.org/wp-content/uploads/2014/07/GEN_FIN06_APPROVED_Report_Finance_Policy_Committee.pdf