Committee:
16 - Environmental Stewardship and Care of Creation
Proposer:
Newark
Finalized text
Resolved, the House of _______ concurring, That the 78th General Convention directs the Executive Council Committee on Social Corporate Responsibility to analyze the impact of implementing a plan to divest within 5 years from direct ownership and ownership of any commingled funds that include public equities and corporate bonds of the world’s leading 200 fossil fuel companies as identified by the Carbon Tracker Initiative and reinvesting the divested amount in companies or commingled funds whose primary focus is renewable energy development by June 30, 2016 and present its recommendations to the Executive Council by December 31, 2016.