Recommend Global Human Rights Investment Screen for TEC Institutions with Criteria for Israel/Palestine Conflict and Adopt Screen and Criteria for DFMS
Resolved, That Executive Council, meeting in Montgomery, Alabama, October 18-21, 2019 receives the June 2019 report (the Report) of its Committee on Corporate Social Responsibility (CCSR) on resolution B016 Adopt ELCA Action on Israel/Palestine adopted by 2018 General Convention, and hereby adopts the following Global Human Rights Screen with “criteria for the Israel//Palestine conflict” (B016) as directed by General Convention (the TEC Global Screen & Criteria):
TEC Global Human Rights Investment Screen with Criteria for Israel/Palestine
The Global Screen - Executive Council hereby recommends that any Episcopal Church institutional investor not invest in any corporation supporting or benefiting from denial of human rights consistent with policy adopted by General Convention or Executive Council.
Criteria for Israel and Palestine - Executive Council hereby recommends that any Episcopal Church institutional investor not invest in any corporation that supports or benefits from denial of human rights in or through the occupation of the West Bank, East Jerusalem or the Gaza Strip (the Occupied Palestinian Territories or OPT); and recommends these criteria for deciding if a corporation supports or benefits from denial of human rights in the OPT:
1) Does a corporation have a record of any of the following: supplying or doing business or providing goods or services in or to illegal settlements (as defined in international law) or contributing to the construction or maintenance of housing or other facilities in such settlements or seeking otherwise to profit from human rights violations in the OPT, or
2) Does a corporation have a record of directly or indirectly supplying or doing business with or providing goods or services to, or otherwise contributing to, the Israeli Defense Forces as the IDF operates in the OPT; and be it further
Resolved, That Executive Council hereby adopts the TEC Global Screen & Criteria as investment policy for the Domestic and Foreign Missionary Society (DFMS) and hereby creates a DFMS Human Rights No Buy List based on the TEC Global Screen & Criteria for corporations that resist effective engagement on human rights, and directs CCSR to administer this List, and asks that the TEC Global Screen & Criteria be shared with all TEC institutional investors.
See the Report which includes the ELCA human rights investment screen.
FIN-061, 062 and 063, taken together, provide a substitute for FIN-040 (withdrawn) . Combined, they are the EC CCSR response to GC2018 B-016 “ Adopt ELCA Action on Israel/Palestine”.