Receive our newsletter – data, insights and analysis delivered to you
  1. News
June 23, 2015

Lutheran World Federation to refrain from fossil fuel investments

The Lutheran World Federation (LWF), a communion of Lutheran churches has decided not to invest in fossil fuels any further and has called on its member churches in Switzerland to do the same, in order to meet its climate commitment.

Lutheran World Federation

The Lutheran World Federation (LWF), a communion of Lutheran churches has decided not to invest in fossil fuels any further and has called on its member churches in Switzerland to do the same, in order to meet its climate commitment.

As a part of its long-standing pledge to preserve environment, the federation has urged its members and associated institutions ‘to support energy efficiency and renewable energy companies’ instead.

The council intends to turn carbon neutral by 2050.

LWF said: "Through this decision, we seek coherence and wish to send a strong moral signal that the world needs to operate a transformational change towards a low-carbon economy, phasing out fossil fuels and phasing in renewable energies by the middle of this century."

"LWF has urged its members and associated institutions ‘to support energy efficiency and renewable energy companies’."

LWF general secretary Rev Dr Martin Junge said: "It is an important milestone and we trust as a faith-based community we are making our own contribution within our one human family to address the challenge of climate change affecting our one common household."

Specific member churches under LWF and the World Council of Churches have already decided against investment in fossil fuels companies.

Content from our partners
Green investment: What gives Scotland multiple advantages
How Hengst helped to keep Germany’s charity “star singers” shining
How one power station prevented frequent shutdowns with three-stage air filtration

The decision, which is in line with a global movement, is being backed by United Nations Framework Convention on Climate Change (UNFCC).

Martin Junge said: "As a Lutheran Communion, we understand climate change as an issue of justice, peace, care for creation and protection for all peoples everywhere.

"We raise a special concern for the most vulnerable, in particular the poor, the indigenous people, and the voiceless."


Image: LWF Councillors vote to not invest in fossil fuels. Photo courtesy of LWF / S Gallay.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Wednesday. The power industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU