Catholic Fossil Fuels Divestment Commitment

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The Global Catholic Climate Movement encourages all types of Catholic organizations to divest from fossil fuel companies as part of their ethical investment commitments, to respond to the Pope’s Laudato Si’ encyclical and the COP21 statement of Catholic Bishops from all continents. This is an invitation to join the larger Divest-Invest group of nearly 700 institutions who control over $5 trillion in assets and have committed to divest (for more info: http://catholicclimatemovement.global/divest-and-reinvest/).

This commitment can be signed both by Catholic institutions who already avoid investing in fossil fuel corporations and by Catholic institutions deciding to remove their funds from fossil fuel companies.

Note: this is a commitment to divest within 5 years, so it's fine to sign it even if your organization hasn't implemented the divestment decision yet.

By signing the Catholic Fossil Fuels Divestment commitment you agree to GCCM making public your organization's name and statement (i.e. journalists, Catholic Divest-Invest Hub - http://catholicclimatemovement.global/divest-and-reinvest/)

For more information, please contact Daniela Finamore daniela@catholicclimatemovement.global

Email *

Contact Name *

Name of institution *

Type of institution *

Religious order? Foundation? Diocese? Other?

Religious Order

Diocese

Financial Institution

Health Institution

Lay Organization

Other:

Country *

Full Address *

Organization website

Media contact

Type of Divestment *

Fossil Free: the institution does not have any investments in fossil fuel companies and commits to avoid any fossil fuel investments in the future

Full Divestment: divest from any fossil fuel company (coal, oil, natural gas)

Partial Divestment: to divest across asset classes from some fossil fuel companies (coal, oil, natural gas) or to divest from all fossil fuel companies (coal, oil, natural gas) but only in specific asset classes (e.g. direct investments, domestic equity)

Coal and tar sands: divest from any coal and tar sands companies.

Coal only: to divest from any coal companies.

Estimated total value of your assets

Estimated total value of your divestment

General Information about your institution

Please provide a short description about your institution making reference to approximate data (e.g. number of religious persons, students, countries ) useful for press information.

[Optional] Public Statement

We would very much appreciate sharing a short public statement (~150 words) from you (mother tongue and english). Please take these questions as your starting point: 1) Why was this decision right for your institution? 2) How do you think the energy industry will change in the coming years? 3) If you could speak with the heads of governments or fossil fuel companies, what would you want to say?

[Optional] What is your total asset base?

Journalists usually are interested in the size of the combined asset base of all Catholic institutions divesting. Please do consider sharing any figures with us that we can share with journalists as an example of the scale of your institution and, if possible, the amount of money you are divesting.

A copy of your responses will be emailed to the address you provided.

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