Divestment advice not ready for Presbyterians: PCUSA panel needs more time
A church investments panel said it needs more time before it can recommend whether the Presbyterian Church (U.S.A.) should pull assets from five companies operating in the Middle East.
The church’s General Assembly voted in 2004 to pursue “phased, selective divestment” in companies with ties to the Israeli-Palestinian conflict and later named five companies that will be targeted for stockholder action.