St Albans Diocesan Synod Divestment Motion
1st November 2022
On 15 October St Albans joined a growing number of Church of England Dioceses by committing to divest from fossil fuel companies. The synod motion has sent a strong message on the carbon emissions which are the greatest cause of climate change ahead of the international COP27 climate talks in November and reaffirms the Diocese’s commitment to the Church of England’s target of reaching Net Zero Carbon by 2030, placing sustainability, social justice and the environment at the heart of its investment policies.
Motion passed at Diocesan Synod, Saturday 15th October 2022:
“That this Synod requests the St Albans Diocesan Board of Finance to commit to divest from any current
investments in fossil fuels and to commit to no future investment of funds in fossil fuel
companies in line with the Church of England national policy.
That this Synod further requests the St Albans Diocesan Board of Finance to consider with those
companies investing on behalf of the Diocese how to:
a) engage critically on climate change in respect of the full range of investments;
b) implement an approach to move the entire diocesan investment portfolio to be net zero carbon;
c) pursue investment in accordance with Diocesan policies on social justice, sustainability, and
the environment, for example in affordable homes, renewable energy, or forestry.”