The RCB invests in ExxonMobil, a company that ‘promoted doubt’ about climate change.
A group of Anglican Bishops and clergy recently called upon the Church Commissioners and the Church of England Pensions Board to "show moral leadership" by divesting from fossil fuels, and divest from ExxonMobil in particular. See my earlier blog post . In a letter to the Guardian newspaper, the group cites a recent journal paper analyzing ExxonMobil’s activities from 1977-2014 that concludes: ‘ExxonMobil contributed to advancing climate science – by way of its scientists’ academic publications – but promoted doubt about it in advertorials.’ The Anglican group's letter concludes, "Now is the time for decisive action. We call on Church of England investors to take the lead and immediately divest from ExxonMobil." The Church of Ireland in recent years has changed its fossil fuel investment strategy by aligning it to the policy to the Church of England. At General Synod 2017 a motion was passed that committed the RCB to: excluded investments in coal and tar s...