Company News

UK Church Plans to Dump $21 Billion in Fossil Fuels if the Companies Do Not Align to Climate Change Goals by 2023

placeholder+imagePosted on: 07/18/2018

One of the UK's largest charity fund managers, The Church of England's parliament, has voted 347 to four in favor with three abstaining to sell $21 billion worth of investments in fossil fuels if the companies do not align to climate change goals by 2023.
The vote applies to the Church of England Pensions Board, the Church Commissioners and the CBF Church of England Funds.
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Kanika Sood
Financial Standard