A030 HB Committee #13 Report #02
House of Bishops Committee 13 - Stewardship & Socially Responsible Investing presents its Report #02 on Resolution A030 (No Investment in Certain Weapons ) and moves:
Adopt with Amendment
Resolved, the House of Deputies concurring,
That the 81st General Convention of The Episcopal Church adopt direct the Executive Council Committee on Corporate Social Responsibility to create and administer a DFMS Weapons No Buy List based on the following DFMS No Investment in Certain Weapons Policy: the following as investment policy for the Domestic and Foreign Missionary Society (DFMS) (hereinafter, the DFMS No Investment in Certain Weapons Policy): That DFMS shall not invest in any company or corporation that is materially engaged or involved in the production, use, or stockpiling, or the sale, transfer, or export of, any weapon or weapons system, or any key component thereof, whether now existing or developed hereafter, that can cause or lead to mass or indiscriminate injury or death to civilians or widespread destruction of civilian infrastructure, including, without limitation, biological weapons, chemical weapons, nuclear weapons, weapons that injure by fragments which are not detectable in the human body (non-detectable fragment weapons), incendiary weapons, blinding laser weapons, anti-personnel mines, cluster munitions, and lethal autonomous weapons, or any other weapons or weapons systems or key components thereof that are excessively injurious or have indiscriminate effects; and be it further
Resolved, That this Convention direct the Executive Council Committee on Corporate Social Responsibility to create and administer a DFMS Weapons No Buy List based on the DFMS No Investment in Certain Weapons Policy; and be it further
Resolved, That this General Convention recommend the DFMS No Investment in Certain Weapons Policy as indicated in the DFMS Weapons No Buy List to each institutional investor in The Episcopal Church for adoption as investment policy for that institutional investor and direct that this resolution be shared with all institutional investors in The Episcopal Church.