Welby said the Church of England was aiming to disinvest from companies that are not pushing for carbon dioxide emissions to fall to net zero. He was also highly critical of oil companies such as Shell that have posted record profits at a time when people across the world are facing historic energy price hikes.
“Their windfall is causing indescribable hardship for people in the poorest countries and hardship for the poor here (in the U.K.) to have to heat or eat,” he said.
The bishops also watched a tree being planted in the Lambeth Palace Garden to mark the launch of the Communion Forest initiative, with trees planted across Communion provinces.
This article originally appeared here.