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Home Far East January - February 2017 Columban Divestment

Columban Divestment

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divestment 1Amy Woolam Echeverria writes about the Columbans’ decision to divest from fossil fuels as part of their commitment to care and respect for the earth.

St Columban, known for his mystical relationship with the natural world, is quoted as saying, “If you want to know the Creator, know Creation”. Today, Columban missionaries incorporate this spirituality of care and respect for Creation as integral to our missionary identity and way of participating in God’s mission. This has led Columbans to dedicate ourselves to education and advocacy, nationally and internationally, on key ecological issues like climate change, water, food, extractive industries and biodiversity.

Similarly, our grassroots projects in places like Chile, Pakistan, Philippines, Peru, and the US, which include sustainable farming, reforestation, renewable energy, access to water, and partnership with indigenous peoples, offer local and global witness to our commitment to bringing the human and natural world into a relationship of healing and wholeness.

For nearly a century, gospel values of solidarity with the economically poor and the wounded earth, dignity of all of God’s Creation, and dialogue with peoples of other religions and cultures has permeated Columban mission.

Since the late 1980s, and specifically from our 1988 General Assembly, Columbans began to articulate more socially and environmentally responsible policies (SRI) that guide our investments. Our current SRI policy states, “We believe our investment policy is an important dimension of our missionary charism which offers a Christian witness in the business community.”

divestment 2More recently, we see how the global climate crisis, a Columban priority, is creating permanent wounds both to the human and natural world with the increase in disastrous weather patterns. These result in unprecedented storms like Typhoon Haiyan in the Philippines and Cyclone Winston in Fiji. Not uncommon are intense earthquakes, floods, and tsunamis in places like Japan, Chile, New Zealand, Pakistan, Myanmar, and China. We see droughts in Australia and the US that go on for years.

We know, both through our missionary experience, and by what global climate scientists tell us, that our human dependence on fossil fuels is a significant cause of climate change and its devastating consequences. Faced with this reality, in 2016, on the feast of St Francis, in a joint announcement coordinated by the Global Catholic Climate Movement the Columbans pledged to take steps to divest from fossil fuels and move towards positive impact investing - to align ever more closely our investment practices ever more closely with our missionary vision, values, and witness. The statement explained, ‘This is a concrete step we can take as missionaries to demonstrate our commitment to the care of and respect for the earth as well as faithful stewardship of the goods entrusted to us.’1

Pope Francis, and his encyclical Laudato Si’ has been a significant source of inspiration and action for Columbans and the Church as a whole. Dedicated entirely to re-imagining our relationship with the natural world, the Pope is clear and specific in Laudato Si’ as to what kind of actions we are called to take. For example, he says that... “technology based on the use of highly polluting fossil fuels ….needs to be progressively replaced without delay” (par 165) and that, “A change in lifestyle could bring healthy pressure to bear on those who wield political, economic, and social power. This is what consumer movements accomplish by boycotting certain products” (par 206). For Columbans, these two statements offer leadership and practical guidance in our discernment process to choose divestment and positive impact investing as two key SRI strategies.

We are happy to join in and partner with a growing movement of Catholic institutions such as universities, religious orders, missionary societies, and dioceses that are committing to divestment from fossil fuels and towards positive impact investing. We see this as another way of offering our global solidarity and financial stewardship. The divestment movement is also an opportunity to work ecumenically and with interfaith partners who are also taking steps to move away from fossil fuels investments, and towards positive impact investing.

Our most recent General Assembly in 2012 affirmed that, “Our commitment to communion, and our solidarity with the poor and the exploited earth, challenges us as individuals to personal lifestyle change. As a Society, we are called to use the resources entrusted to us for the life of the world.”2

We know that divestment from fossil fuels and an increase in positive impact investing will take years to implement to their fullest potential, but we are hopeful that, with each step taken, we are participating in and contributing to the right relationships with all of God’s Creation. •

Amy Woolam Echeverria serves as the International Justice, Peace and Integrity of Creation Coordinator for the Columbans and is a member of the Society’s Central Administration. Amy began her missionary life with the Columbans in Chile. She is currently based in Washington DC.

Missionary Society of St Columban, General Council Divestment and PII Statement, 2016.
Missionary Society of St Columban. Called to Communion General Assembly 2012. p.17.

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