Church Resolutions: Criteria and Procedures for Deciding to Engage with or Establish a No Buy List of Companies

This year, General Convention — the legislative governing body of the Episcopal Church — passed 19 resolutions for the care of God’s creation. Each Tuesday, we feature one here!

D068_ Criteria and Procedures for Deciding to Engage with or Establish a No Buy List of Companies

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2018-D068: Criteria and Procedures for Deciding to Engage with or Establish a No Buy List of Companies

Requests that the Committee on Corporate Social Responsibility (CCSR) develop criteria to assess church investment in companies that are inconsistent with the church’s mission and ethical teaching, as well as procedures to create a No Buy List for divestment. Specifically states human rights and the care of creation as two areas to consider.

Read alongside resolutions A061 and C021, a pattern supporting responsible investing emerges: A061 establishes a Task Force on Theology of Money to consider (among other things) the church’s approach to responsible investing, and C021 calls on the Executive Council and the Church Pension Fund to identify 10 companies in which the church owns stock and “initiate shareholder engagement to advocate for the inclusion of an expert in sustainability on their boards.”

Read the full text of the resolution here: https://www.vbinder.net/resolutions/D068

Learn about all 19 resolutions here: https://episcopalclimatenews.com/2018/07/20/general-convention-passes-19-resolutions-for-the-care-of-gods-creation/

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