CHURCHES TOGETHER IN CUMBRIA NEWS RELEASE 27.09.13.
Environment Group of Churches Together in Cumbria supports Operation Noah’s ‘Bright Now: towards fossil free Churches’ campaign
The Environment Group of Churches Together in Cumbria supports the campaign launched by Operation Noah ‘Bright Now: towards fossil free Churches’, which calls on the Churches and Christian community in the UK to:
- Disinvest from companies involved in the extraction of fossil fuels;
- Take a leading and influential role in the national debate on the ethics of investment in fossil fuels;
- Support the development of clean alternatives to fossil fuels through their investment policies
The Environment Group also notes the resolution passed by the Diocese of Southwark in July calling upon the General Synod of the Church of England to request the National Investment Bodies to ensure that their new investment policy (including the option of disinvestment) is aligned with the theological, moral and social priorities of the Church. The Environment Group hopes that General Synod will pass a resolution to this effect and that the pending Ethical Investment Advisory Group investment policy review will take the option of disinvestment from fossil fuels seriously.
Environment Group chair Revd Professor Ian James said ‘The major denominations and religious orders in the UK agree on the importance of addressing climate change as an urgent moral and social imperative. They have significant assets invested in the stock exchange and therefore significant influence over the policies and practices of multinational companies. They all have ethical investment policies but at present fossil fuel producers are not screened out. In fact some of the largest church investments are in our major oil companies. Members of the Environment Group have discussed this situation. They concluded that there is an inconsistency between the avowed commitment of the denominations to the urgent importance of addressing climate change, and their continuing investment in fossil fuel companies. We urge them to disinvest from fossil fuels as soon as possible.’
Further information from Revd Prof Ian James, Chair, Environment Group:
Tel: 01229 718223; Mobile: 07713 019762; Email: