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The disinvestment debate

In the first of a two-part series, the Rev Jenny Adams explains why she believes the Church of Scotland should disinvest from fossil fuel companies.

JESUS said: ‘Where your treasure is, there your heart will be also.’

Guidance from the Scottish Charities Regulator (OSCR) highlights the importance of charities aligning their investments with their purposes. The Church of Scotland Investors Trust wants to avoid investing in any company substantially involved in activities ‘which are felt to harm society more than they benefit.’

The companies and activities from which we profit really matter, however we look at it.

We are facing a climate emergency which is already having devastating impacts on ecosystems and lives across the world.

The urgent need for action is particularly highlighted by young people and our overseas partners, including at the General Assembly and in this magazine. The Scottish Government recently committed to reducing greenhouse gas emissions to net-zero by 2045, and the UK Government has now indicated it will do the same by 2050, to help meet the Paris Agreement to limit global warming to 1.5°C.This target is vital to minimise irreversible changes to the climate for people and planet.

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About Life and Work

IN THIS ISSUE OPENING THE HEART Experiences of retreat MAKING CHANGE Interview with Fiona Buchanan, Church elder and campaigner for climate and gender justice DISINVESTMENT DEBATE The case for taking Church money out of fossil fuels ..and much more