The faith-based organization of more than 1,000 congregations has - TopicsExpress

The faith-based organization of more than 1,000 congregations has about 2.9 percent of their $175 million investment dollars in fossil fuel companies under their UUA Common Endowment Fund (UUCEF), according to the Providence Journal. Saturday’s vote was overwhelmingly in favor of divestment. “We are encouraged that the UUA can continue its longstanding successes in shareholder advocacy while helping to lead the divestment movement with the approval of today’s fossil fuel divestment resolution,” said David Stewart, co-chair of the UUA’s socially responsible investing committee. “We believe strongly that any effort that can change the current trajectory of climate change is a welcome improvement.”

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