The Church Commissioners and the Church of England Pensions Board have sold their shares in the mining company Vedanta Resources plc on the advice of the Church’s Ethical Investment Advisory Group (EIAG).
Campaigners have today launched new legal action with regard to the activities of the Royal Bank of Scotland on human rights and the environment, in areas such as Uganda and the Democratic Republic of Congo.
A company in which Anglicans and Methodists have one of their largest shareholdings, is facing a new challenge over controversial plans to drill for oil in the Arctic's environmentally sensitive frozen waters.
The Churches need to need to end their dualism over mission and recognise that where their treasure is, there their hearts will be also. And this means an end to their investments in oil, mining and other companies which are driving climate change, says Jonathan Bartley