New Zealand Friends to disinvest from fossil fuels

Friends in Aotearoa New Zealand agree to disinvest from fossil fuels

by Tara Craig 20th June 2014

Quakers in Aotearoa New Zealand agreed at their recent Yearly Meeting to withdraw funds from the four main Australian-owned banks because of their investment in fossil fuels.  Aotearoa New Zealand Yearly Meeting also agreed not to make future investments which profit from fossil fuels. Local Meetings, committees and trusts have been encouraged to follow suit, and urged to explain their actions to the banks involved.