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<p>The General Synod of the Church of England, at its meeting in February 2020, committed
the Church of England to reach carbon net zero' by 2030. This year the Church of England's
National Institutions have reviewed their Energy Footprint Tool, which enables parishes
and cathedrals to monitor their carbon usage. The tool was launched in 2020, and it
has been used by over 5,000 churches so far. More information can be found here: <a
href="https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.churchofengland.org%2Fnews-and-media%2Fnews-and-statements%2Fone-year-church-moves-forward-carbon-reduction-target&data=04%7C01%7Csimon.stanley%40churchofengland.org%7C2fecb0aea8b0486dc14d08d8e4aaf14e%7C95e2463b3ab047b49ac1587c77ee84f0%7C0%7C0%7C637510772130383752%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&sdata=hjZV%2BTJS%2Fv71DHHMIwbrmmgPneTs5AB4Mswf5S5Emks%3D&reserved=0"
target="_blank">https://www.churchofengland.org/news-and-media/news-and-statements/one-year-church-moves-forward-carbon-reduction-target</a></p><p>The
Church of England Pensions Board is a member of the Institutional Investors Group
on Climate Change (IIGCC). This week the investor group has launched the 'Net Zero
Investment Framework' following a period of industry-wide consultation. The framework
will enable investors to maximise their contribution to the decarbonisation of the
global economy and tackle climate change. More information can be found here: <a href="https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.churchofengland.org%2Fnews-and-media%2Fchurch-england-pensions-board-commits-global-net-zero-investment-framework&data=04%7C01%7Csimon.stanley%40churchofengland.org%7C2fecb0aea8b0486dc14d08d8e4aaf14e%7C95e2463b3ab047b49ac1587c77ee84f0%7C0%7C0%7C637510772130383752%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&sdata=9GFX2CSchezedCXPFnQ9cEZd90hc53W3PIuD%2BGvPYEU%3D&reserved=0"
target="_blank">https://www.churchofengland.org/news-and-media/church-england-pensions-board-commits-global-net-zero-investment-framework</a></p><p>The
Church Commissioners are committed to reaching a net-zero portfolio in 2050, and the
Church of England's National Investing Bodies joined the UN Net Zero Asset Owner Alliance
in 2020. More detail about the alliance can be found here: <a href="https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.churchofengland.org%2Fnews-and-media%2Fnews-and-statements%2Fchurch-england-national-investing-bodies-join-un-convened-net&data=04%7C01%7Csimon.stanley%40churchofengland.org%7C2fecb0aea8b0486dc14d08d8e4aaf14e%7C95e2463b3ab047b49ac1587c77ee84f0%7C0%7C0%7C637510772130393746%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&sdata=pPg4l%2Fg5XHe6mkSpBmL6wY6Pa4Ji1GbKb%2B22hApwNIY%3D&reserved=0"
target="_blank">https://www.churchofengland.org/news-and-media/news-and-statements/church-england-national-investing-bodies-join-un-convened-net</a></p><p>The
Church Commissioners have instituted further climate-related investment restrictions
to capture companies with significant greenhouse gas emissions but are not taking
their responsibilities seriously to assist with the transition to a net-zero emissions
economy. The Commissioners are also setting our first interim emissions reduction
target as members of the Net Zero Asset Owner Alliance, working with our public equities
managers to achieve it.</p>
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