The Interfaith Center on Corporate Responsibility, a coalition of more than 300 faith and values-based institutional investors practicing sustainable investing and shareholder engagement, announced Tuesday that Princeton Theological Seminary has joined as a faith-based member.
The Presbyterian Committee on Mission Responsibility Through Investment has approved its divestment/proscription list for 2023, incorporating five energy companies that the 225th General Assembly agreed should be added to the list for lack of alignment with PC(USA) policy.
The Presbyterian Committee on Mission Responsibility Through Investment (MRTI) voted at its Oct. 11 meeting to expand the criteria for recommending companies be placed on the General Assembly’s divestment/proscription list.
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 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 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.
For hours, Fossil Free PCUSA representatives lay scattered across the floor outside of the convention hall at the 223rd General Assembly in St. Louis last week. The “die-in” was in response to the commissioners’ decision to accept a minority report asking the Committee on Mission Responsibility Through Investment (MRTI) to continue its engagement with fossil fuel companies.
After two attempts to encourage the General Assembly to go “fossil free” did not go as they hoped, First Presbyterian Church of Tallahassee, Florida, decided to take matters into their own hands, or, more specifically, their own footprint.