A half-hour Facebook Live broadcast highlighting Mission Responsibility Through Investment served to both look back at how socially-responsible corporate engagement efforts are helping to reduce climate change and look ahead at what’s in store during the 225th General Assembly.
LEXINGTON, Kentucky — The Presbyterian Committee on Mission Responsibility Through Investment (MRTI) recommended Wednesday afternoon that five energy companies be added to the Presbyterian Church (U.S.A.)’s Divestment/Proscription List.
The Presbyterian Committee on Mission Responsibility Through Investment voted during its June meeting to update the Guideline Metrics framework it uses to evaluate companies in which church entities own stock.
Leaders of the Presbyterian Church (U.S.A.)’s committee on Mission Responsibility Through Investment (MRTI) are hailing the current annual general meeting season as a success and a tipping point for environmental, social and governance shareholder proposals (also called resolutions) going mainstream.
Why should people of faith get involved in climate justice?
“A lot of approaches to climate change have been secular, and they have failed in the Pacific,” said the Rev. James Bhagwan, General Secretary of the Pacific Conference of Churches (PCC), a group of more than 40 churches and Christian faith organizations across the Pacific Ocean. “And the question has always been asked why the climate projects there that are secular do not have the impact that people expect to have on paper?”
One of the higher profile decisions set to come out of the 224th General Assembly in June was to be a vote on adding three fossil fuel companies to the General Assembly Divestment/ Proscription list.
The Presbyterian Church (U.S.A.) took a step Thursday that could eventually lead to divestment from a trio of oil and gas companies for environmental and climate change-related reasons — if General Assembly commissioners agree this summer.
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.
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.
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.
