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Church (ofE) Caterpiller Share Disinvestment - Ethics Committee Advises U-turn

IRL | 08.03.2006 16:18 | Anti-militarism | Repression | World

After the recent Church of England vote to divest its £2.2 million shares from bulldozer manufacturer Caterpillar, the Church's ethical committee today advised the church to not sell their shares in Caterpillar... (unless sales resume)...

Interview with Joe Zacune from War on Want campaign
5 mins 33 secs, Mono MP3, 1.9MB @ 48kbps

war on want interview on church caterpillar disinvestment - mp3 1.9M


See also BBC article:
Church's Israel funds climbdown
Wednesday, 8 March 2006, 13:20 GMT
 http://news.bbc.co.uk/2/hi/uk_news/4785718.stm

The Audio Interview was taken from Indymedia Radio London's weekly roundup of imc news - broadcast every wednesday 1-2pm GMT on 104.4fm in london and on the web at:  http://www.resonancefm.com

Full 1 hr show available at:
 http://radio.indymedia.org/news/2006/03/8947.php

BACKGROUND from War on Want:

War on Want’s Caterpillar: the alternative report:
 http://www.waronwant.org/download.php?id=289

Press release on initial church vote:
 http://www.waronwant.org/?lid=11617

Campaigners welcome Church divestment vote on Caterpillar

Campaigners today welcomed the Church of England’s overwhelming vote in favour of divesting its £2.2 million shares from bulldozer manufacturer Caterpillar. The vote, supported by the Archbishop of Canterbury, Dr Rowan Williams, sends a clear message to Caterpillar that profiting from human rights violations is not compatible with socially responsible business practice.

The General Synod of the Church of England voted yesterday evening (6 February 2006) “to disinvest from companies profiting from the illegal occupation, such as Caterpillar Inc, until they change their policies". The Church Commissioners now need to enforce the Synod’s decision.

Caterpillar has been singled out by the United Nations for complicity in human rights abuses in the Occupied Palestinian Territories. Thousands of Palestinian homes and vast swathes of agricultural land have been destroyed by the Israeli military using armoured Caterpillar D9 bulldozers.

Nick Dearden, Campaigns Officer at War on Want, said: “We are delighted at the Synod’s decision to divest shares from Caterpillar. It vindicates the serious concerns we have about the use of Caterpillar machines in the human rights violations being perpetrated by the Israeli army on illegally held Palestinian land. We now call on the Church Commissioners to enforce the Synod's decision, and to send a clear message that companies like Caterpillar have a responsibility to ensure their products are not used to violate human rights.”

IRL