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The Church of England's Ethical Investment Advisory Group has refused to back a call for divestment from Caterpillar, the U.S. manufacturer of bulldozers used by the Israeli Army to demolish Palestinian homes
Christian Century, April 4, 2006
* The Church of England's Ethical Investment Advisory Group (EIAG) has refused to back a call for divestment from Caterpillar, the U.S. manufacturer of bulldozers used by the Israeli Army to demolish Palestinian homes. The demand had come in February at the church's general synod, which adopted a resolution "to heed the call from our sister church, the Episcopal Church in Jerusalem and the Middle East," for divesting.
The decision sparked protests from British Jewish leaders and former archbishop of Canterbury George Carey. On March 7 the Anglican advisory group said its members had reaffirmed a September 2005 decision not to divest but to continue to engage with Caterpillar. "The decision was taken in the specific context that there are no current or projected sales of Caterpillar equipment for use by the Israeli government," said John Reynolds, who chairs the EIAG, which advises the Church of England's three investing bodies.
COPYRIGHT 2006 The Christian Century Foundation
COPYRIGHT 2008 Gale, Cengage Learning
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