University of Dayton, a Catholic University, Moves to Divest from Fossil Fuels

By Liz Schmitt 6-23-2014

Another Christian school moves to divest – this time, a Catholic university

Just one week after Serene Jones, President of Union Theological Seminary, announced their decision to become the world’s first seminary to divest from fossil fuels, another first announced. The University of Dayton, a Catholic, Marianist university, will divest fossil fuels from its $670 million investment pool. This is the first Catholic university in the world to do so.

Just as divestment makes sense for Union Theological Seminary and its history of engaging social justice, this choice is in line with Catholic social teachings and the Marianist values of leadership and service to humanity. Marianists view Mary, the mother of Jesus, as their model of discipleship, and their mission is to bring Christ into the world and work for the coming of Christ’s kingdom.

Union and the University of Dayton are the newest schools joining the growing list of U.S. colleges and universities divesting from fossil fuels as a way to stop financially supporting the climate pollution and the public health implications of coal, oil, and natural gas as the dominant sources of energy in the country. Their announcements are unique because they speak not only of the moral choice, but of the Christian choice on matters of financial investment.

At the Presbyterian Church (USA) General Assembly this past week, in addition to the denomination’s decision to divest from three companies in relation to conflict in Israel/Palestine, a decision was made to begin the discernment process on fossil fuel divestment. The fossil fuel divestment conversation is happening in many churches and religious institutions across the country, and Union Theological Seminary and the University of Dayton are clear that they see this as an act of Christian witness for protecting God’s creation and people.

Information is from The University of Dayton’s website.

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