A cover letter reports that, after a 12-year struggle by many people, members of the Evangelical Lutheran Church in America (ELCA) can now be relatively confident that their strong resolutions to divest from corporations doing business in South Africa that were passed at two ELCA assemblies will be implemented. A press release, "PENSION MEMBERS FOR JUSTICE [PMJ] RESPONDS TO ELCA SOUTH AFRICA DIVESTMENT SOLUTION," describes the solution hammered out recently by the ELCA Synod Council's working group on divestment and agreed to by the ELCA Board of Pensions. The release discusses arguments against a normative South Africa-free fund collapse, PMJ's reservation about the divestment plan, and...
A cover letter reports that, after a 12-year struggle by many people, members of the Evangelical Lutheran Church in America (ELCA) can now be relatively confident that their strong resolutions to divest from corporations doing business in South Africa that were passed at two ELCA assemblies will be implemented. A press release, "PENSION MEMBERS FOR JUSTICE [PMJ] RESPONDS TO ELCA SOUTH AFRICA DIVESTMENT SOLUTION," describes the solution hammered out recently by the ELCA Synod Council's working group on divestment and agreed to by the ELCA Board of Pensions. The release discusses arguments against a normative South Africa-free fund collapse, PMJ's reservation about the divestment plan, and further review to which the plan is subject.