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phillips 66

Five companies recommended for General Assembly divestment list

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.  

Faith-based responsible investment committee having successful proxy season

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. 

MRTI urges Phillips 66 to reconsider DAPL investment

The Mission Responsibility Through Investment (MRTI) committee of the Presbyterian Church (U.S.A.) submitted a shareholder resolution to the Phillips 66 Corporation on November 22 urging it to reconsider its investment guidelines as they pertain to the Dakota Access Pipeline (DAPL) and future projects.