The Church of England has disinvested from the controversial mining company, Vedanta Resources, after sustained pressure from campaigners, including many Christian groups.
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Ekkleisa:-
The Church of England has disinvested from the controversial mining company, Vedanta Resources, after sustained pressure from campaigners, including many Christian groups.
The Church Commissioners and the Church of England Pensions Board announced today (5 February) that they have sold their shares in the mining company on the advice of the Church’s Ethical Investment Advisory Group (EIAG).
As a result, none of the three national investing bodies of the Church of England now hold shares in the company.
BBC:-
In a statement released on Friday, the church said that it was not satisfied that the company, Vedanta, has shown enough respect for human rights.
Campaigners said that the lives of indigenous people were threatened by the mining project.
Vedanta has not commented on the church’s move.
But in the past it has vigorously defended the project.
Tags: Christian Persecution, Church Life