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Church of England pension boss’s shares in Shell ‘shocking’, say campaigners

The Guardian

Church of England pension boss’s shares in Shell ‘shocking’, say campaigners

Exclusive: Christian climate groups urge Clive Mather to resign and C of E to divest from fossil fuel

Damian Carrington Environment editor: Wed 17 Aug 2022 10.00 EDT

The chair of the Church of England Pensions Board, which has not divested its £3.5bn fund from fossil fuels, is a shareholder in Shell, the Guardian can reveal.

Clive Mather had a 38-year career at the oil company during which he oversaw a multibillion-dollar tar sands project in Canada.

The Church of England (C of E) has rejected pressure to sell off its fossil fuel holdings. Campaigners said these were unethical investments that were fuelling the climate crisis and urged Mather to resign.

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