From The Church Times-THE Episcopal Church in the United States is to start buying shares in gun manufacturers, in order to be able to exert pressure to reduce gun violence.
It is the first time that the Church has bought shares with the sole purpose of engaging in shareholder action. The Church’s General Convention passed a resolution in the summer calling on the Executive Council’s committee on corporate social responsibility to look into investing in gun manufacturers in order to have influence to “minimize lethal and criminal uses of their products”.
The Bishop of Western Massachusetts, Dr Douglas Fisher, is taking over chairmanship of the committee at the beginning of January. He said: “At our January meeting we will begin the preparation for guidelines for investment. Executive Council needs to sign off on that. We should be ready for investment by the late spring. We need to hold stock for 12 months before we can file resolutions, but we can engage in dialogue before that time.”
More here-
https://www.churchtimes.co.uk/articles/2019/4-january/news/world/episcopal-church-in-us-buys-shares-in-gun-manufacturers
No comments:
Post a Comment