Church of England dumps ExxonMobil shares

THE Church of England Pensions has divested from ExxonMobil after it failed to set goals to reduce Scope 3 emissions, with the funds being reinvested into an index that aligns with Paris Agreement Targets.

Church of England dumps ExxonMobil shares Church of England dumps ExxonMobil shares Church of England dumps ExxonMobil shares Church of England dumps ExxonMobil shares Church of England dumps ExxonMobil shares

TPI assessment finds small progress

While it did not put a specific dollar figure on how much was invested, the pension fund, which manages the retirement savings of the clergy, manages an excess of £2.8 billion, US$3.