NYC-AREA LUTHERANS RESOLVE TO DIVEST FROM FOSSIL FUELS
June 1, 2015 (New York, NY) – On Friday, March 29, the annual Assembly of the Metropolitan New York Synod, one of the most populous geographical divisions of the Evangelical Lutheran Church in America (ELCA), resolved to divest from fossil fuels within five years. The Synod Assembly also voted to ask the national body of the church to do the same at the Churchwide Assembly in 2016.
Reverend John Z. Flack, pastor of Our Savior’s Atonement in Washington Heights, Manhattan, introduced the two resolutions from the floor of the Assembly. One resolution calls on the Metro NY Synod to “cease any new investments in companies whose primary business is the exploration, extraction, production, or refining of coal, oil, or natural gas,” and to “ensure that, within five years, directly held or commingled assets” in such companies “are removed from its portfolio.” The resolution also urges member congregations to follow these steps.
The second resolution calls upon the 2016 Churchwide Assembly “to urge that, by May 1, 2017, all ELCA congregations and independent, cooperative, and related Lutheran organizations and investment corporations” take these same steps to remove fossil-fuel investments from their portfolios.
Both resolutions passed with very little opposition.
The resolutions were the culmination of work begun shortly after the People’s Climate March, a gathering of 400,000 people in New York City last September, calling attention to what many now refer to as the “crisis” of climate change. As Gerard A. Falco, Chair of the Synod’s Environmental Stewardship Committee, explained, “Lutherans, from our Synod and from across the country, were deeply involved in organizing the People’s Climate March and making it the success it was. The march galvanized public opinion, and our committee decided to build on that momentum to get these divestment resolutions passed.”
About $289,000 of the Synod’s current investment portfolio will be immediately re-allocated in response to the Assembly’s action. Altogether, the Synod’s investments total about $12 million.
With the passage of these resolutions, the Metro NY Synod joins the New England and Oregon Synods – and many other congregations and religious bodies, both in the US and abroad – in divesting from coal, oil, and natural gas companies because of their damaging effects on the climate. This religious divestment movement parallels the strong student-led campaign to divest colleges and universities, and the growing campaign to divest state and municipal pension funds.
Robert Rimbo, Bishop of the Metro NY Synod, said “With this action, our Synod joins the chorus of those who acknowledge that ‘if it’s wrong to wreck the climate, it’s wrong to profit from that wreckage.’ This is a fiscally responsible step, but it’s also the right thing to do. As Christians, we are called to care for all Creation. As Luther himself wrote, ‘God is essentially present in all places, even the tiniest tree leaf,’ so ‘to do harm to Creation is also to assault God. And when humans assault God, there is only one outcome, and it is not a good one for humans.’ With these resolutions, we’ve taken a further step in living out our Lutheran vocation.”
The Metropolitan NY Synod of the Evangelical Lutheran Church covers the five boroughs of New York City and Dutchess, Orange, Putnam, Rockland, Sullivan, Ulster, and Westchester counties. The Synod has approximately 64,000 baptized members in 190 congregations served by about 300 pastors and 100 rostered lay leaders. For more information, visit http://www.mnys.org/.
Director of Communications
Metro NY Synod, ELCA
Gerard A. Falco
Chair, Environmental Stewardship Committee
Metro NY Synod, ELCA