The Church of England, along with the wider Anglican Communion, is actively tacking climate change in four ways: assessing its investment strategy and, where necessary, divesting in the context of our climate change policy; actively engaging with public policy; attending the forthcoming Paris conference; and encouraging its parishes to reduce their carbon footprint and their parishioners to do the same.
I thank the right hon. Lady for that response. As she mentions, the Church has made some progress and is divesting £12 million from highly polluting coal and tar sands investment, but there is still quite a significant degree of investment in companies such as Shell, in respect of which there are still concerns about involvement in fossil fuels and the exploration of the Arctic, for example. Does the right hon. Lady feel that the Church could go further?
I would encourage the hon. Lady to come to a reception with the Church Commissioners that I have organised for Members to discuss the ethical investment strategy that now applies to Church investment. She is right that divestment of investment in thermal coal and tar sands has occurred, and there are no direct investments in any company of which more than 10% of its revenues are derived from the extraction of thermal coal or from tar sands.
Our commitment to climate change in no way detracts from the central mission of the Church, which is to encourage people to faith. As part of our faith, however, we have to demonstrate environmental stewardship. As the Archbishop of Canterbury has said, the Anglican Communion has an unrivalled network through which to encourage laggards in the quest to tackle climate change and to play a positive role at the conference in Paris.
My right hon. Friend rightly refers to the Anglican Communion. What discussions and consultations does the Church of England have with the worldwide Anglican Communion to listen to them about the impact of climate change in their own countries?
The Church of England devoted a whole day of its General Synod in York to a debate on climate change, in which the Archbishop of Canterbury and I spoke, outlining the ability of our worldwide network to help the nations that are worst affected by climate change. Sadly, they are the poorest nations in the world. That is why the Government’s commitment to an ambitious outcome in Paris is so important.