In total, thirty-five faith institutions from six countries with more than $1.25 billion in combined assets announced their divestment from fossil fuel companies. Participating institutions include some Catholic organizations, such as five dioceses in Ireland, including the Archdiocese of Armagh, and two in Canada.
PUBLISHED ONOct 2022
This announcement has been organized by the Laudato Si’ Movement, World Council of Churches, Operation Noah, Green Anglicans, and Green Faith among other organizations.
Last year’s Invest/Divest report found that faith institutions represented more than 35% of all divestment commitments globally–more than any other single sector. More than 1,500 institutions from all sectors, with combined assets of over $40 trillion, have now made some form of divestment commitment worldwide.