Add churches — and more and more Black churches — to the list of organizations that are seen by social impact investors as financial anchors in their neighborhoods and communities.
Investments can do well — the Presbyterian Foundation believes — and do good at the same time. Through practices of impact investing, corporate engagement, and use of positive and negative screens, the Foundation seeks to manage all aspects of the funds entrusted to them in accordance with God’s call for faithful stewardship. The Foundation’s trustees determined in 2015 that care for God’s creation is one element of this stewardship.
Investments can do well – the Presbyterian Foundation believes – and do good at the same time. Through practices of impact investing, corporate engagement, and use of positive and negative screens, the Foundation seeks to manage all aspects of the funds entrusted to them in accordance with God’s call for faithful stewardship.
Presbyterian News Service recently submitted questions to Joseph Kinaird, chair of the Committee on Mission Responsibility Through Investment (MRTI) about the upcoming General Assembly in St. Louis and its continuous discussions with the fossil fuel industry.
The Committee on Mission Responsibility Through Investment (MRTI) is making final preparations for its recommendations to the 223rd General Assembly. MRTI is a three-agency committee that implements the General Assembly’s policies on faith-based investing.
The Presbyterian Church (U.S.A.) and nearly three dozen faith-based investors are encouraged by shareholder approval yesterday of a proposal urging ExxonMobil to better assess the company’s climate change related risks.
The Board of Directors for the Board of Pensions of the Presbyterian Church (U.S.A.) gathered here last week (October 26-29) for its fall meeting. New board members, approved by the 222nd General Assembly (2016) of the PC(USA), received orientation prior to committee and business sessions.
The office of Mission Responsibility Through Investment (MRTI) has a new name and lead staff person. Rob Fohr, who has been serving in an interim capacity, has accepted the call to take the permanent position, replacing Bill Somplatsky-Jarman, who retired earlier this year.