Question

To ask the Member for South West Bedfordshire, representing the Church Commissioners, what steps the church is taking to reduce its greenhouse gas emissions ahead of COP26.

The General Synod of the Church of England, at its meeting in February 2020, committed the Church of England to reach carbon net zero' by 2030. This year the Church of England's National Institutions have reviewed their Energy Footprint Tool, which enables parishes and cathedrals to monitor their carbon usage. The tool was launched in 2020, and it has been used by over 5,000 churches so far. More information can be found here: https://www.churchofengland.org/news-and-media/news-and-statements/one-year-church-moves-forward-carbon-reduction-target

The Church of England Pensions Board is a member of the Institutional Investors Group on Climate Change (IIGCC). This week the investor group has launched the 'Net Zero Investment Framework' following a period of industry-wide consultation. The framework will enable investors to maximise their contribution to the decarbonisation of the global economy and tackle climate change. More information can be found here: https://www.churchofengland.org/news-and-media/church-england-pensions-board-commits-global-net-zero-investment-framework

The Church Commissioners are committed to reaching a net-zero portfolio in 2050, and the Church of England's National Investing Bodies joined the UN Net Zero Asset Owner Alliance in 2020. More detail about the alliance can be found here: https://www.churchofengland.org/news-and-media/news-and-statements/church-england-national-investing-bodies-join-un-convened-net

The Church Commissioners have instituted further climate-related investment restrictions to capture companies with significant greenhouse gas emissions but are not taking their responsibilities seriously to assist with the transition to a net-zero emissions economy. The Commissioners are also setting our first interim emissions reduction target as members of the Net Zero Asset Owner Alliance, working with our public equities managers to achieve it.