When Joseph Kinard talks about the need for socially responsible investing by faith communities, he likes to refer back to the Matthew 25 story in which Jesus talks about the importance of caring for “the least of these.”
The Presbyterian Church (U.S.A.) Office of Public Witness (OPW) is calling on members of the church to speak out against a proposed Securities and Exchange Commission rule that would limit the power of small investors to file shareholder proposals and bring concerns to corporate managers and boards.
The Presbyterian Church (U.S.A.) took a step Thursday that could eventually lead to divestment from a trio of oil and gas companies for environmental and climate change-related reasons — if General Assembly commissioners agree this summer.
Representatives from the Presbyterian Church (U.S.A.) and its partners have returned from an international climate conference that left some observers disappointed about a lack of aggressive action to protect the Earth.
The Committee on Mission Responsibility through Investment of the Presbyterian Church (U.S.A.) has submitted comments to the Environmental Protection Agency, opposing a plan by the Trump administration to roll back methane gas restrictions on the oil and natural gas industry.
The Presbyterian Committee for Mission Responsibility Through Investment (MRTI) voted at its fall meeting to recommend any companies that fall into the lowest tier of its guideline metrics for environmental compliance be added to the General Assembly’s proscription/divestment list.
The Presbyterian Committee on Mission Responsibility through Investing is joining with New York City Comptroller Scott M. Stringer and a coalition of 25 major investors in calling on General Motors to join its peers in a compromise agreement with California and other states for clean vehicle standards.
The members of the Committee on Mission Responsibility Through Investment (MRTI) heard the criticism: While they were making financial decisions about companies that were having a negative impact on the communities around them, the committee members were not engaging with those impacted communities.
The Presbyterian Church’s Committee on Mission Responsibility Through Investment has completed its first round of scoring corporations’ environmental records, finding some are making progress and others are at risk of potential divestment recommendations.
The Board of Pensions of the Presbyterian Church (U.S.A.) announced Wednesay that it is now an investor signatory of Climate Action 100+. The Board joins the church committee on Mission Responsibility Through Investment (MRTI) as one of more than 320 investor signatories from dozens of countries that manage assets totaling more than $33 trillion.
