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Category: Fossil fuels

Faith institutions announce divestment from fossil fuel companies

ROME – Putting their words into practice, 35 faith institutions have announced their divestment from fossil fuel companies. Organized by the World Council of Churches, Operation Noah, Laudato Si’ Movement, Green Anglicans and GreenFaith, this latest divestment announcement comes from faith institutions in Belgium, Brazil, Canada, Ireland, Italy, the UK […]

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‘Holy oil’: Trial sheds new light on proposed Vatican investment

According to one of the 10 defendants at a Vatican trial focused on financial malfeasance, Vatican officials considered investing millions of dollars in an offshore oil platform in Angola around the time the pope was drafting Laudato Si’.

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Bishops consider new socially responsible investment guidelines

A draft document of guidelines governing the U.S. Conference of Catholic Bishops’ financial investments includes wider limits on where money would be invested and advances a policy of engagement on corporate practices that impact human dignity.

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