“The Presbyterian Church (USA) has been interested in global climate change since 1987. We think it is one of the most critical issues facing society at this time. Proposing shareholder resolutions to combat global warming can be seen as adversarial, but it can also open doors. We have been long-term investors in Cinergy. When we approached them three years ago, we found they were already beginning to discuss plans to deal with global warming.”
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The Rev. Somplatsky-Jarman is an associate for Mission Responsibility Through Investment (MRTI) of the Presbyterian Church (USA). He serves as staff director of the MRTI Committee, which implements the church’s social investment policies for more than $7 billion of assets managed by the church’s foundation and board of pensions. He also oversees the church’s engagement in environmental issues ranging from public policy to leadership development and congregational programs.