Support the Café
Search our site

Catholic groups withdraw investments from coal, oil and gas

Catholic groups withdraw investments from coal, oil and gas

In a move against climate change, at a time when Donald Trump is considering withdrawing the United States from the Paris Agreement,

Nine Catholic organizations from around the world have announced they are divesting their savings from coal, oil and gas companies in a joint bid to fight climate change.

According to Religion News, those nine organizations include the Wheaton Franciscan Sisters, “the Mission Congregation of the Servants of the Holy Spirit, the Italian Diocese of Pescara, Il Dialogo, the Italian Jesuits, the Rete Interdiocesana Nuovi Stili di Vita (a network of 80 Italian dioceses), Italy’s Siloe Monastic Community, St. Joseph’s Province of the Congregation of the Passion in England and the U.S.-based MGR Foundation.”

Sister Sheila Kinsey of the Wheaton Franciscan Sisters:

“Pope Francis has called on us to listen to the cry of the Earth and to take care of the poor… It is imperative that we make some decisions to capture the urgency of this moment. We have to get the message out loud and clear.

“We have a window of opportunity to do something and transition, rather than be reactionary,” she said. “We have to look at ways that people can be employed differently.”

The Global Catholic Climate Movement website includes resources and more information on its website, pointing out that

Over 530 institutions globally, representing over $3.4 trillion in funds under management, have committed to divest. They include institutions such as the World Council of Churches, the Lutheran World Federation, the Norwegian Sovereign Wealth Fund, the Rockefeller Brothers Fund, and many academic institutions such as Stanford University and Oxford University.

 

Dislike (0)
Facebooktwitterpinterestlinkedinmail

Café Comments?

Our comment policy requires that you use your real first and last names and provide an email address (your email will not be published). Comments that use non-PG rated language, include personal attacks, that are not provable as fact or that we deem in any way to be counter to our mission of fostering respectful dialogue will not be posted.

Facebooktwitterrss
Support the Café
Past Posts
2020_001

The Episcopal Café seeks to be an independent voice, reporting and reflecting on the Episcopal Church and the Anglican tradition.  The Café is not a platform of advocacy, but it does aim to tell the story of the church from the perspective of Progressive Christianity.  Our collective sympathy, as the Café, lies with the project of widening the circle of inclusion within the church and empowering all the baptized for the role to which they have been called as followers of Christ.

The opinions expressed at the Café are those of individual contributors, and, unless otherwise noted, should not be interpreted as official statements of a parish, diocese or other organization. The art and articles that appear here remain the property of their creators.

All Content  © 2017 Episcopal Café