Church : Climate Change is Already a Reality

The Church of England is adopting a new climate change policy and will cut its investments in fossil fuel companies.

It will sell investments worth £12m in firms where more than 10% of revenue comes from extracting thermal coal or the production of oil from tar sands.

The Church said it had a “moral responsibility” to act on environmental issues to protect the poor, who were the most vulnerable to climate change.

The Church manages three investment funds worth about £8bn.

EthicalPound100This responsibility encompasses not only the Church’s own work to reduce our own carbon footprint, but also how the Church’s money is invested and how we engage with companies on this vital issue.

http://www.bbc.co.uk/news/business-32544480


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