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Responsible Investing

MRTI outlines environmental divestment standards

The Presbyterian Committee for Mission Responsibility Through Investment (MRTI) voted at its fall meeting to recommend any companies that fall into the lowest tier of its guideline metrics for environmental compliance be added to the General Assembly’s proscription/divestment list.

PC(USA) investing group and others urging GM to adopt clean vehicle goals

The Presbyterian Committee on Mission Responsibility through Investing  is joining with New York City Comptroller Scott M. Stringer and a coalition of 25 major investors in calling on General Motors to join its peers in a compromise agreement with California and other states for clean vehicle standards. 

Investment group talks about refocusing on environmental justice, racism

The members of the Committee on Mission Responsibility Through Investment (MRTI) heard the criticism: While they were making financial decisions about companies that were having a negative impact on the communities around them, the committee members were not engaging with those impacted communities.

MRTI shares first round of General Assembly environmental compliance scores

The Presbyterian Church’s Committee on Mission Responsibility Through Investment has completed its first round of scoring corporations’ environmental records, finding some are making progress and others are at risk of potential divestment recommendations. 

Board of Pensions is now an investor signatory of Climate Action 100+

The Board of Pensions of the Presbyterian Church (U.S.A.) announced Wednesay that it is now an investor signatory of Climate Action 100+. The Board joins the church committee on Mission Responsibility Through Investment (MRTI) as one of more than 320 investor signatories from dozens of countries that manage assets totaling more than $33 trillion.

Investment group meets Detroit residents living in refinery’s toxic shadow

The siren went off at 3 a.m. Oct. 29. “Anytime you hear the siren, that means there could be an explosion at the refinery,” said Emma Lockridge, whose home is just a few blocks away from the Marathon Petroleum refinery in Southwest Detroit. So, she called Marathon and asked what was going on. “Nothing,” was the reply, though she looked out of her window and saw, “red, billowing smoke.” Lockridge decided to jump into her car and document the event on video, bursts of fire and smoke flaring onto the screen.

Talking race and the environment

To hurt the Earth is to hurt the poor, Gordon Aeschliman wrote in “The Green Bible: Understanding the Bible’s Powerful Message for the Earth.” He added: “It shouldn’t be surprising that creation and justice are inextricably linked” and that to keep the garden, as humans are told to do in Genesis 2, is the same notion as the Numbers 6:24 blessing: The Lord bless you and keep you.

A fact-finding launch

Last week during their first day engaging communities in South Louisiana that were hit hard by natural and human-caused environmental disasters, members of the Mission Responsibility Through Investment Committee took a bayou boat ride courtesy of the Pointe-au-Chien Indian Tribe.