The Church of England Pensions Board has welcomed National Grid's commitment to publishing a comprehensive review of their lobbying activities on climate change, reversing their previous refusal to do so.

The Church of England Pensions Board is today announcing its intention to disinvest from Shell plc and other oil and gas companies which are failing to show sufficient ambition to decarbonise in line with the aims of the Paris Agreement.

The Church Commissioners for England, which manages the Church of England’s £10.3bn endowment fund, has decided to exclude all remaining oil and gas majors from its portfolio, and will exclude all other companies primarily engaged in the exploration, production and refining of oil or gas, unless they are in genuine alignment with a 1.5°C pathway, by the end of 2023.

The Church Commissioners for England has received planning permission for a mixed-use community in Bracebridge Heath, Lincoln.

The Church of England Pensions Board will support a shareholder resolution at Japanese automaker Toyota’s Annual General Meeting that calls on the company to improve disclosure of its lobbying related to climate change.

The Church Commissioners for England, which manages the Church of England’s endowment fund, delivered a 5% return in 2022, a robust performance in the face of challenging market conditions. 

The Church Commissioners for England is inviting applications to join the Oversight Group that will help to design and establish a new impact investment fund, being set up in response to research showing its predecessor fund had links to transatlantic chattel slavery. 
 

The Church of England’s Social Impact Investment Programme has made a £1.1m investment in Charity Bank and will take a 3.6% stake in the bank.

The report follows an interim announcement in June 2022, which reported for the first time, and with great dismay, that the Church Commissioners’ endowment had historic links to transatlantic chattel slavery*

The Church of England Pensions Board this week (Wednesday 14 December) will host investors, regulators, FTSE 100 remuneration committee chairs and other interested stakeholders to review the current state of executive corporate pay.