During the final day of its three-day online winter meeting, the Presbyterian Mission Agency Board voted to allocate $9 million from unrestricted reserve funds for three purposes.
Presbyterians for Earth Care has joined a growing list of Presbyterian Church (U.S.A.) groups calling for a speedy divestment from companies that contribute to the production of the two major greenhouse gasses, carbon dioxide and methane.
Leaders of the Presbyterian Church (U.S.A.)’s committee on Mission Responsibility Through Investment (MRTI) are hailing the current annual general meeting season as a success and a tipping point for environmental, social and governance shareholder proposals (also called resolutions) going mainstream.
In response to a directive from the 222nd General Assembly, in 2017 the Presbyterian Committee on Mission Responsibility Through Investment (MRTI) established a set of guideline metrics to evaluate companies the committee was engaging with according to General Assembly policy on environmental, social and governance (ESG) issues.
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.