he Provincial Synod of the Anglican Church of Southern Africa (ACSA) has agreed in principle to divest from fossil fuels.
30 September 2016
The Church Commissioners for England have lost their bid to force energy giant ExxonMobil to report annually on the impact of climate change reduction efforts.
26 May 2016
Moves by the Church of England’s investment arm, the Church Commissioners, to force global oil giant ExxonMobil to be more transparent in its plans for responding to climate change have received a boost with the news that the two leading proxy advisers, ISS and Glass Lewis, have declared their support for the move.
12 May 2016
A British parliamentarian has challenged the Church Commissioners’ stance on climate change and urged them to “read the Bible”. David Davies, the Conservative MP for Monmouth, told MPs that the parable of the oil lamps and 10 virgins in Matthew 25 supported the “cheap and ready supply of this much-maligned fossil fuel”.
05 May 2016
The Church Commissioners for England have been ranked joint tenth out of 500 of the world’s largest investment funds and given an AAA rating over their performance in tackling climate change. The list was produced by the Asset Owners Disclosure Project (AODP) for its 2016 Report on the world top 500 investors.
03 May 2016
The Church of England’s investment bodies joined a mass revolt against a proposed pay deal of some £14 million for BP chief executive Bob Dudley today. The rebellion against the company’s remunerations’ committee report saw the pay deal rejected in a non-binding vote of some 60 per cent of shareholders.
14 April 2016
Shareholders in ExxonMobil will be allowed to vote on a climate change resolution brought by the Church of England and other significant institutional investors, after the US Securities and Exchange Commission (SEC) blocked an attempt by the oil giant to leave the motion off the agenda of May’s annual meeting of shareholders.
24 March 2016
The Church Commissioners for England have tabled a shareholders’ motion calling on the US oil giant ExxonMobil to “disclose the resilience of its business model in the wake of the Paris Agreement on climate change.” If passed, the motion will force the oil company to be more transparent on its efforts to shift to a low-carbon economy.
19 January 2016