| Resolution Number: | 2022-A160 |
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| Title: | Study the Environmental Impact of and Provide Guidance on Cryptocurrency Investment |
| Legislative Action Taken: | Concurred |
| Final Text: | |
Resolved, That the 80th General Convention recognizes that there is a significant environmental impact caused by the creation, maintenance, and transfer of cryptocurrencies; and be it further
Resolved, That the 80th General Convention calls upon the Investment Committee of the Executive Council to study this impact and provide guidance through a report either to Executive Council or the 81st General Convention whether institutional investors of the Church should invest in, divest from, or refrain from investing in cryptocurrencies.
| Citation: | General Convention, Journal of the General Convention of...The Episcopal Church, Baltimore, 2022 (New York: General Convention, 2023), p. 474. |
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Legislative History
| Author: | Legislative Committee on Stewardship and Socially Responsible Investing |
|---|---|
| Originating House: | House of Bishops |
| Originating Committee: | Stewardship and Socially Responsible Investing |
House of Bishops
The House of Bishops Committee on Stewardship and Socially Responsible Investing presented its Report #1 on Resolution A160 (Study of Environmental Impact of and Guidance for Investing in Cryptocurrencies) and moved adoption.
Original Text of Resolution:
(A160)
Resolved, the House of Deputies concurring,
That the 80th General Convention recognizes that there is a significant environmental impact caused by the creation, maintenance, and transfer of cryptocurrencies; and be it further
Resolved, That the 80th General Convention calls upon the Investment Committee of the Executive Council to study this impact and provide guidance through a report either to Executive Council or the 81st General Convention whether institutional investors of the Church should invest in, divest from, or refrain from investing in cryptocurrencies.
Motion carried
Resolution adopted
(Communicated to the House of Deputies in HB Message #124)
House of Deputies
The House of Deputies Committee on Stewardship and Socially Responsible Investing presented its Report #12 on HB Message #124 on Resolution A160 (Study of Environmental Impact of and Guidance for Investing in Cryptocurrencies) and moved concurrence.
Motion carried
The House concurred
(Communicated to the House of Bishops in HD Message #247)
Resolution Concurred by Both Houses, July 10.
| Abstract: | The 80th General Convention recognizes the environmental impact of cryptocurrencies and calls upon the Investment Committee to study this impact and provide investment guidance. |
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