Home > Environment > World Council of Churches pulls fossil fuel investments | theguardian.com

World Council of Churches pulls fossil fuel investments | theguardian.com

An umbrella group of churches, which represents over half a billion Christians worldwide, has decided to pull its investments out of fossil fuel companies.

The move by the World Council of Churches, which has 345 member churches including the Church of England but not the Catholic church, was welcomed as a “major victory” by climate campaigners who have been calling on companies and institutions such as pension funds, universities and local governments to divest from coal, oil and gas.

In an article for the Guardian in April, Archbishop Desmond Tutu said that “people of conscience need to break their ties with corporations financing the injustice of climate change” and events sponsored by fossil fuel companies could even be boycotted.

For more on this story, visit: World Council of Churches pulls fossil fuel investments | Environment | theguardian.com.

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