Blog Archive: Church of England Archives - Bright Now

11

Jan

2017

Church of England launches ‘Transition Pathway Initiative’ engagement framework

Today the Church of England joined the Environment Agency Pension Fund, the LSE’s Grantham Institute and various asset owners in launching the Transition Pathway Initiative, its framework for engagement with fossil fuel companies. Other partners include the Central Finance Board of the Methodist Church and CCLA. Read more

27

Jun

2016

Exxon AGM prompts calls for Church of England divestment

Following the recent ExxonMobil AGM, at which shareholders rejected all resolutions on climate change including one proposed by the Church Commissioners, calls have been growing for the Church of England to divest from fossil fuel companies, starting with Exxon.

The Church Times has published a series of letters calling on the Church of England to divest from fossil fuel companies, as well as a response from Edward Mason, Head of Responsible Investment for the Church Commissioners, outlining their position. We republish those letters here. Read more

20

Jun

2016

ON response to Church of England consultation on extractive industries

Operation Noah has responded to the Church of England’s Ethical Investment Advisory Group (EIAG) consultation on extractive industries. A summary of the response can be found below and the full response can be found here. Read more

27

May

2016

Exxon shareholders reject all climate resolutions at company’s AGM

On Wednesday 25 May, shareholders at ExxonMobil rejected all of the non-binding climate resolutions at its AGM in Dallas as they were recommended to do by the company’s Board of Directors, casting doubt on the effectiveness of the engagement approach pursued by the Church of England and other investors.

Recent investigations revealed that Exxon knew about the reality of climate change as early as the 1970s, yet poured resources into publicly denying climate change for years. The company is now under investigation by the FBI, at the request of the Department for Justice. Read more

29

Apr

2016

Darrell Hannah’s Church Times article: Robust approach to fossil fuels required

Following the Church of England’s decision at last year’s General Synod to pursue a policy of ‘robust engagement’ with fossil fuel companies rather than disinvestment, Operation Noah trustee The Revd Dr. Darrell D. Hannah wrote the following article for the Church Times outlining what ‘robust engagement’ would truly require to keep global temperature rises below 1.5°C. Operation Noah’s Bright Now campaign continues to call on UK churches to fully disinvest from fossil fuel companies. Read more

10

Nov

2015

Scale & pace of divestment grows following latest commitments

Welcome news this month as the pace of fossil fuel divestment continues to quicken. In September pledges to divest passed $2.6 trillion, and People and Planet have just announced that 8 new higher education institutions have divested. In all commitments to divest have increased more than 50 fold over the last year. Read more