Filipino priest on mission in Europe to halt fossil fuel financing
Frankfurt, Germany/Manila, The PhilippinesReuters A Filipino priest is touring top European banks to demand they curtail ties with companies behind new fossil fuel projects in a region of his home country that is rich in fish and coral. But he is leaving his meetings with bankers feeling frustrated. The priest, Edwin Gariguez, and the environmentalists […]
Presbyterian Church (USA) to divest from five oil companies after years of debate
United StatesRNS A prominent mainline Christian denomination plans to divest from five oil companies it believes are not doing enough to address climate change. The vote to divest from Chevron, Exxon Mobil, Marathon Petroleum, Phillips 66 and Valero Energy comes after years of debate in the Presbyterian Church (USA). The sun sets behind a pumpjack […]
In the UK, all of the Church of England dioceses join eco initiative
UK All 42 dioceses within the Church of England have signed up as ‘Eco Dioceses’ in order to reach carbon net zero by 2030, the church has announced. The Eco Church initiative was launched in 2016 and is run by Christian conservation charity A Rocha UK in partnership with Christian Aid, the Church of England, the Methodist […]
Major US Catholic newspaper divests from fossil fuels
RNS The National Catholic Reporter, a Kansas City-based Catholic newspaper with a readership of about a million readers a month, has divested its $US12.7 million endowment from fossil fuel companies. The National Catholic Reporter’s board ratified the move in May, 2021, and the decision went into effect on Thursday. “I’m very proud of NCR,” said […]
Cities promise to divest from fossil fuels to boost green recovery
Barcelona, SpainThomson Reuters Foundation The mayors of 12 big cities in North America, Europe and Africa pledged on Tuesday to shift their money out of fossil fuels and into green energy, buildings, transport and other investments to help them recover from the pandemic and tackle climate change. The group of cities, which signed up to […]
Britain’s National Trust charity to sell fossil fuel assets
LondonThomson Reuters Foundation Britain’s National Trust will sell all of its investments in the fossil fuel industry by 2022, the conservation charity announced on Thursday. The charity invests £45 million in fossil fuel companies – four per cent of its one billion pound stock market portfolio – despite having itself warned of the dangers of […]
19 more Catholic institutions announce fossil fuel divestment
A group of 19 Catholic organisations have announced a commitment to divest from fossil fuels, taking to more than 120 the number of Catholic institutions which have done so worldwide. Led by Caritas India and the Irish Catholic Bishops’ Conference, the group – which also includes organisations located in Kenya, Fiji, Pakistan, and the US […]
40 Catholic organisations around the globe announce they are shunning investments in fossil fuels
A coalition of 40 Catholic institutions, located on five continents, announced this week that they were shunning investments in fossil fuels and urged others to follow suit. As well as financial organisations including Germany’s Bank für Kirche und Caritas eG and Oikocredit Belgium, the institutions include four organisations based in Assisi, Italy, the home of St […]