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 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.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData
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.