{"id":5654,"date":"2017-05-04T22:14:31","date_gmt":"2017-05-05T03:14:31","guid":{"rendered":"https:\/\/www.scarboromissions.ca\/?p=5654"},"modified":"2017-05-04T22:14:31","modified_gmt":"2017-05-05T03:14:31","slug":"scarboro-missions-informs-fossil-fuel-companies-of-divestment-decision","status":"publish","type":"post","link":"https:\/\/www.scarboromissions.ca\/news\/scarboro-missions-informs-fossil-fuel-companies-of-divestment-decision","title":{"rendered":"Scarboro Missions informs fossil fuel companies of divestment decision"},"content":{"rendered":"
In October 2014 Scarboro Missions decided to divest over a period of five years from stocks and bonds in fossil fuels and related infrastructure.\u00a0 We recently completed this divestment.\u00a0 In April 2017 we sent the letter below to the relevant officers and directors of the various companies divested.\u00a0 Fossil fuel divestment has become a fast growing global movement in response to climate change.\u00a0 In December 2016 the Guardian reported<\/a> fossil fuel assets committed to divestment doubled in a little over a year to $5.2 trillion.\u00a0 Information on Catholic and other faith organizations who are divesting from fossil fuel companies and reinvesting can be found at these two websites:<\/p>\n www.catholicclimatemovement.global\/Divest-and-Reinvest\/<\/a><\/p>\n