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.
MRTI implements the General Assembly’s policies on socially responsible investing by engaging companies in which the Presbyterian Church (U.S.A.) owns stock.
The Mission Responsibility Through Investment (MRTI) committee of the Presbyterian Church (U.S.A.) submitted a shareholder resolution to the Phillips 66 Corporation on November 22 urging it to reconsider its investment guidelines as they pertain to the Dakota Access Pipeline (DAPL) and future projects.