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The Church of England Commissioners and Pensions Board have announced plans to disinvest from fossil fuels companies that are not aligned with the Paris Agreement to reduce greenhouse gas emissions.
Church of England has ‘followed science and faith’ to divest from fossil fuels, slamming oil and gas companies for failing on climate.
The Church of England is quitting oil and gas companies citing their climate failure, though it hopes for a return.
None of the oil and gas majors the Church was investing in have aligned themselves with the Paris Agreement, it said.
LONDON, June 22 (Reuters) - The Church of England Pensions Board said it had decided to divest its holding in Shell over what it said were insufficient plans to align its strategy to the goal of limiting global warming to 1.5...