The Jesuit European Social Centre (JESC) has joined the joint movement to divest from fossil fuels, along with other Catholic organisations such as Caritas Internationalis, Catholic banks, bishops and others.
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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.
Ecojesuit shares this recent press release on the largest joint action of Catholic groups so far to divest from coal, oil, and gas investments, of which the Italian Jesuits was part. Gianfranco Matarazzo, SJ, Provincial Father of the Italian Jesuits said: “I express the adhesion of the Italian province of the Society of Jesus to the divestment campaign. With this adhesion, I announce the intention to start a more detailed process about the different ways of removing our investments from fossil, progressively within the next 5 years.”
Nine Catholic organizations from around the world announced on 10 May 2017 their decision to divest their portfolios from coal, oil and gas companies in the largest joint Catholic fossil fuel divestment to date.
I am part of DIVEST Loyola and the Loyola Association of Students for Sustainability and when we worked together with different on-campus and off-campus organizations to create the first ever Earth Week celebration at Loyola New Orleans this year, I wondered how great it would be if all Jesuit institutions somehow worked together under one sustainable movement to encourage, empower, and educate each other for a greater change among our greater Jesuit community.
The Global Catholic Climate Movement (GCCM) is proud to announce the release of the Eco-Parish Guide for Catholic Parishes. This free guide will be a great resource for your parish to take a first step during Laudato Si’ Week, to celebrate the encyclical’s anniversary with concrete action (see also the Parish resources for Laudato Si’ Week).
Faith groups gathered nearly 1,780,000 signatures from people of faith all over the world concerned about the climate and who want to take action. Over 800,000 of these were from Catholics around the globe expressing their united voices in Saint Denis district, northern Paris for urgent climate action through the climate petition spearheaded by the Global Catholic Climate Movement (GCCM).