Archbishop leads investment firm’s £20m divestment

The Archbishop of Canterbury has led an investment fund manager’s £20 million divestment from fossil fuel company shares. BMO Global Asset Management has announced its ‘responsible’ funds, which manage upwards of £1.5 billion in assets, would completely withdraw investments from companies holding oil, gas or coal reserves. The Archbishop of Canterbury, Justin Welby, is also […]

Archbishop of Canterbury attacks “inexplicable” energy price hikes

The Archbishop of Canterbury has attacked “inexplicable” hikes in energy bills, after British Gas announced it was increasing its prices by 9.2% last week. The Most Reverend Justin Welby told the Mail on Sunday suppliers needed to “justify fully” what they were doing and had a “moral” duty “to behave with generosity and not merely […]