VoteClimate: Wonga Loan Book - 18th October 2018

Wonga Loan Book - 18th October 2018

Here are the climate-related sections of speeches by MPs during the Commons debate Wonga Loan Book.

Full text: https://hansard.parliament.uk/Commons/2018-10-18/debates/0288C783-98E2-4819-9985-655FC51C2960/WongaLoanBook

Dame Caroline Spelman

The Church Commissioners are advised by the ethical investment advisory group and a very clear direction is given to asset managers about the sectors of the economy that the Church will not invest in on ethical grounds—for example, pornography and tobacco. The Church has recently played very close attention to the practice of the extractive industries and has had not a little success through its shareholder engagement in getting companies involved to change their policy towards tackling climate change.

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