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Presbyterian Church Divests from Fossil Fuels in Landmark Victory
The Presbyterian Church (U.S.A), the largest Presbyterian denomination in the United States with more than 1 million parishioners, recently made an historic decision to remove the great bulk of its investments from the fossil fuel industry. The Presbyterian Foundation and the Board of Pensions of the Presbyterian Church (U.S.A) have been directed to stop new investments in…
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Who Can You Count On?
Parnassus drops its exclusionary screens while Green Century reaffirms its commitment to them. Parnassus Investments recently announced that they were dropping the exclusionary screens it used to restrict the types of companies it invested in. This change opens the floodgates for Parnassus to now invest in every industry, including the ones that they had previously…