Global – Catholic institutions announce largest-ever joint divestment from fossil fuels

A coalition of 40 Catholic institutions, including the home of St. Francis of Assisi and Catholic bank, has on 3rd October, announced its divestment from fossil fuels. The institutions are located on five continents, and represent fields ranging from a holy site to finance to church hierarchical entities. Catholic institutions’ decision to remove their support for fossil fuels is based on both their shared value of environmental protection and the financial wisdom of preparing for a carbon-neutral economy. Read more…