NEWS /  The Church of England Pensions Board, together with investors with assets totalling nearly £50bn, has filed a shareholder resolution at Rio Tinto calling on the company to review and fully disclose its relationships with industry bodies.

The Church Commissioners for England today reiterated support for the climate-related shareholder resolution, filed against the board of ExxonMobil, and calls on Exxon not to block the resolution going to a vote in 2020. 

The Church of England Pensions Board has today published its Annual Review, covering the work of the Board throughout 2021.

The Church of England has today launched new resources to help churches to take part in ‘Generosity Week.’ 

Draft for Consultation

The Church Commissioners for England, which manages the endowment fund of the Church of England, published its financial results for 2021 today in its Annual Report. 

The Church of England’s Ethical Investment Advisory Group (“EIAG”) has today published advice to the National Investing Bodies (NIBs) to guide their approach to international human rights norms. The EIAG advises robust human rights due diligence across supply chains, and that the NIBs continue to ensure that human rights are respected by the companies in which they invest. The NIBs have published a new stand-alone Human Rights policy in line with this guidance.

Board tracks progress in its second annual Stewardship Report and outlines shift in engagement focus from the supply side oil and gas to demand side such as the auto sector

The Church of England Pensions Board, together with Swedish public pension funds AP7, AP2, AP3, AP4 and Danish AkademikerPension, has filed a case against Volkswagen AG. 

The Church Commissioners will also 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.