"What does the Lord require of you but to do justice, and to love kindness, and to walk humbly with your God?"
—Micah 6:8
MRTI holds long-sought meeting with Caterpillar
'A positive meeting' but no change in company activities foreseen
April 25, 2012
Louisville - Members of the Committee on Mission Responsibility Through Investment (MRTI) met last week with representatives of Caterpillar as part of the committee’s ongoing corporate engagement efforts. The engagement, directed by the 2004 General Assembly and reaffirmed in 2006, 2008 and 2010, sought to encourage the company “to confine their business activity solely to peaceful pursuits” in Israel/Palestine. Because the dialogues with Caterpillar and two other companies—Hewlett-Packard and Motorola Solutions—have not been successful, MRTI has recommended that the company be placed on the General Assembly Divestment List. Read full story
MRTI report to 2012 General Assembly
Engagement With Corporations on Israel-Palestine Issues From 2004 to 2011
Approved by GAMC February 17, 2012
The 2004 General Assembly instructed the Committee on Mission Responsibility Through Investment (MRTI) to begin a process of “phased, selective divestment” related to corporations doing business in Israel. Following the assembly, MRTI initiated a process consistent with General Assembly (GA) policy. First, MRTI reviewed the 1984 GA policy on the use of divestment as a strategy for socially responsible investing, and the criteria for consideration of any recommendation for divestment. Also reviewed was the 1985 GA policy describing the process of phased, selective divestment.
GAMC recommends divestment from Caterpillar, Motorola, Hewlett-Packard
GA asked to shed stock ‘until they have ceased profiting from non-peaceful activities in Israel-Palestine
February 17, 2012
LOUISVILLE - The General Assembly Mission Council (GAMC) is recommending that the upcoming 220th General Assembly of the Presbyterian Church (U.S.A.) divest the church of its stock in three companies “until they have ceased profiting from non-peaceful activities in Israel-Palestine.”
Faith-based investing
God's call for justice, compassion and humility requires Presbyterians to respond. We believe a faithful response requires the whole of our lives, including our financial investments.
It is more than a practical question. It gets to the very essence of our faith. It is faith-based investing.
Faith-based investing involves thinking about one's financial resources and investments as part of a faithful life.
Sometimes called "socially responsible investing," faith-based investing is the stewardship of God's resources as entrusted to the church.
Comments
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Have we looked at companies doing business in Gaza or the West Bank whose work may contributing to terrorism and violence?
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Thank you for endorsing divestment from Caterpiller, Motorola, and Hewlitt-Packard. This is the only language the Israeli govenment can understand. I hope this gets a great deal of publicity.