United Church Funds Takes Stand on Dakota Access Pipeline
As a faith-based investor, United Church Funds (UCF) utilizes our moral voice in matters of environmental, social, and governance impacts. Along with other concerned investors, we are using this voice to support the protest of the Standing Rock Sioux Tribe for the rights of self-determination regarding the construction of the Dakota Access Pipeline.
In addition to hosting a meeting of investors with the Standing Rock Sioux Tribal Chairman David Archambault II in November, UCF also co-filed a resolution with the New York pension plan to Marathon Petroleum Corp., urging the company to disclose to investors how it does due diligence on environmental and human right risks, including indigenous right risks.
Kathryn McCloskey, Director of Social Responsibility for UCF said, “There are materials risks for investors here and investors are looking for ways to use our position as corporate owners to stand in solidarity with the goals of self-determination for the Sioux.”
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