Title: Disinvestment from Military Contractors
ID: EXC042003.18
Committee: National Concerns (report 39)
Citation: Executive Council Minutes, Apr. 28-May 1, 2003, Ellicott City, MD, pp. 15-17.

Resolved, That the Executive Council hereby adopts a policy of disinvestment from any company (a) among the top five U.S. defense contractors, measured in dollar volume of sales, and (b) any company among the top 50 defense contractors that receives more than fifty percent of its revenues from military contracts; and be it further

Resolved, That a copy of this resolution be sent to any company from which this Church disinvests in accordance with this policy; and be it further

Resolved, That other church investors, including the Church Pension Fund, parishes, and dioceses, are urged to adopt a similar policy to the extent permissible under laws governing fiduciaries.

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