The Episcopal Church has officially divested from all fossil fuel investments, completing a decade-long transition to environmentally focused financial practices. This landmark announcement on December 11 aligns with the church’s mission to promote creation care and social responsibility.
This shift was driven by Resolution A129, adopted during the 81st General Convention in June 2023, which set a firm deadline of December 31 for divestment. The resolution also urged reinvestment into clean energy, reflecting the church’s commitment to environmental sustainability and economic responsibility.
Strategic Collaboration Drives Change
Working with the Committee on Corporate Social Responsibility (CCSR), the church’s Finance Office ensured that the divestment met ethical and financial goals. The CCSR, which advises on investment decisions, facilitated this transformation while remaining focused on other critical issues, including corporate diversity, human rights, and health care.
“We honor this achievement as a testament to our commitment to God’s creation,” said Sarah Lawton, CCSR chair. The church’s $500 million investment portfolio now emphasizes sustainability, reinforcing its long-standing focus on aligning financial actions with Christian values.
A Broader Vision for Climate Advocacy
The divestment underscores the Episcopal Church’s commitment to combating climate change, which has become a defining ministry. From local diocesan efforts to global advocacy at United Nations climate summits, the church continues prioritizing policies addressing the climate crisis.
“The urgency of this work cannot be overstated,” said Emily Hopkins of the Green Caucus, an Episcopal network supporting creation care. She called for collective action across congregations to address climate challenges and promote renewable energy adoption.
Continuing a Legacy of Ethical Investment
The Episcopal Church’s divestment builds on its historical approach to socially responsible investing, dating back to its anti-apartheid initiatives in the 1970s. Leaders see this milestone as a model for other organizations to integrate ethical principles into financial decisions.
With this achievement, the church encourages members to engage in sustainable practices, offering resources like The CCSR Story, a documentary detailing its financial and environmental alignment journey.
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Episcopal Church completes divestment from fossil fuel industry
Image: Pamela Reynoso
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