Fossil Fuel Divestment
Is it time to review your financial investments in the light of living out Christian values through your assets?
As part of the Eco Church journey, and applying the diocesan Environmental Policy, the Assets Committee have worked hard to divest from fossil fuels, and they invite church organisations to join them.
In 2021, the Lincoln Diocesan Board of Finance committed to divesting all financial investments from fossil fuel extraction companies.
Following thorough research and enquiry, we know financial assets are no longer invested in fossil fuel extraction companies.
The Right Revd David Court, Bishop of Grimsby and Chair of the Environment Implementation Panel, said:
“We are delighted to confirm our financial investments are divested from fossil-fuel extraction. Reducing our carbon emissions and moving towards a low-carbon world is an urgent justice issue. Embedding the Church of England’s Net Zero commitment into all aspects of our life as a diocese is both a challenging and essential expression of our discipleship in caring for God’s amazing world and each other.”
The diocesan Ethical Investment Policy now specifically states that we are committed to disinvestment from fossil fuel extraction companies and this commitment forms part of the annual review process of Diocese’ direct investments.
Useful Resources
Eco Church (Guidance on ‘Ethical Investment for Churches’): ecochurch.arocha.org.uk/wp-content/uploads/2021/10/L13-Ethical-investment-for-churches.pdf
Operation Noah (Operation Noah is a Christian charity working with the Church to inspire action on the climate crisis): https://www.operationnoah.org/