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After two attempts to encourage the General Assembly to go “fossil free” did not go as they hoped, First Presbyterian Church of Tallahassee, Florida, decided to take matters into their own hands, or, more specifically, their own footprint.
The Committee on Mission Responsibility Through Investment (MRTI) is making final preparations for its recommendations to the 223rd General Assembly. MRTI is a three-agency committee that implements the General Assembly’s policies on faith-based investing.
It’s another major crack in the ceiling. That’s how Rob Fohr, director of the Presbyterian Mission Agency’s Office of Faith-Based Investing, describes progress with Noble Energy Corporation of Houston, Texas. Last week, Fohr presented a shareholder resolution calling for a climate change scenario analysis.
China is investing billions of dollars to build infrastructure all over Asia — Malaysia, the Philippines, and most recently, Sri Lanka. China says it is building a modern-day “silk road” (a nod to its ancient trade route), but some believe there are staggering consequences to signing away too much control to the Chinese, including irreparable environmental harm and debt so large it can never be repaid.
A group of Presbyterians will be making their way to the 223rd General Assembly this summer by foot. Organized by Presbyterian Peace Fellowship and Fossil Free PC(USA), participants from around the country will walk 260 miles from Louisville, the site of the offices of the Presbyterian Church (U.S.A.), to St. Louis, where this year’s G.A. will be held.
In response to its directive from the 222nd General Assembly, the Presbyterian Church (U.S.A.)’s Committee on Mission Responsibility Through Investment (MRTI) has come up with a new way of measuring the progress it makes with companies engaged in conversations around environmental, social and governance (ESG) issues.
If you’re fortunate to have a 401(k) or IRA but know little about investments, chances are you spend a minimal amount of time reviewing your quarterly statement — a quick glance at the numbers to see if they’re up or down. But do you really know where your hard-earned dollars go?
The Presbyterian Church (U.S.A.) and nearly three dozen faith-based investors are encouraged by shareholder approval yesterday of a proposal urging ExxonMobil to better assess the company’s climate change related risks.
The Office of Faith-Based Investing is releasing a new video that helps describe the church’s ongoing conversations with corporations. The video will be posted online and shown to churches and organizations across the country.
MRTI implements the General Assembly’s policies on socially responsible investing by engaging companies in which the Presbyterian Church (U.S.A.) owns stock.