Faith Communities Lead the Charge in Fossil Fuel Divestment

(Photo credit: Kate Bunker)

Faith-based organizations are making bold commitments to cut ties with fossil fuels. 27 faith institutions have announced their decision to drop fossil fuel investments, sending a powerful message to world leaders at the COP29 climate summit. Read the details in the press release

This decision aligns investments with our core values. Continued investment in fossil fuel companies is not consistent with an ethic of life.

This latest wave of divestment includes Catholic dioceses, religious orders, and Christian associations worldwide – including the first two dioceses in France to make divestment commitments. Altogether, over 570 faith institutions have now committed to moving away from fossil fuels. This isn’t just about reducing carbon footprints; it’s about putting faith into action to care for our shared home.

In recent years, climate-related disasters from devastating floods in Europe to record-breaking heat waves have highlighted the need for immediate change. Yet many fossil fuel companies continue to expand production, even as cleaner, more affordable energy sources like wind and solar are available. By divesting, faith groups are taking a stand, refusing to support an industry that prioritizes profit over people and planet.

Faith leaders worldwide are celebrating this movement as a moment of joy and hope for creation. As Pope Francis and many others have affirmed, this isn’t just an ethical choice; it’s a moral imperative. Together, they call on everyone —governments, businesses, and individuals— to join this divestment journey.

Take Your First Step: Join the Fossil-Free Movement

This moment of hope is something you can be part of too. Consider taking a small but meaningful step by finding a fossil-free bank in your area. Aligning your personal finances with your values can contribute to this growing movement toward sustainability. To explore options, visit Bank.Green for more information on eco-friendly banks near you.

Let’s celebrate this step together and continue working for a future where our investments reflect our shared values.