Members of the Interfaith Center on Corporate Responsibility (ICCR) a coalition of over 300 global faith-based and values-based institutions have filed two shareholder proposals at six of the nation’s top banks calling on them to reduce their financing of fossil fuels.
In a letter laying out six demands, the groups reject TIAA’s promise to achieve net zero carbon emissions by 2050 as “greenwashing” and tell TIAA to fully divest from fossil fuels by 2025, and to immediately stop its acquisitions of farmland.
The fourth and final article in a series designed to educate Catholic organizations about ways to participate in the fastest growing divestment campaign in human history – the fossil fuel divestment movement.
This article is the third and final in a series designed to educate Catholic organizations about ways to participate in the fastest growing divestment campaign in human history – the fossil fuel divestment movement.
This is the second in a series of articles designed to educate Catholic organizations about ways to participate in the fastest growing divestment campaign in human history – the fossil fuel divestment movement.
This is the first in a series of articles designed to educate Catholic organizations about ways to participate in the fastest growing divestment campaign in human history – the fossil fuel divestment movement.
Catholic institutions are divesting from fossil fuel companies and investing in renewable energy as part of their response to the urgent call Pope Francis sounded in Laudato Si’ and in response to the statement by Catholic Bishops from all continents at the Paris climate talks in 2015.
The following article appeared in the November-December 2013 NewsNotes.
Universities, religious institutions, governments and other investors are withdrawing their investments from the fossil fuel sector – corporations that extract oil, coal, gas and other fossil fuels.
