Instruct Treasurer to vote in favor of all shareholder resolutions requesting that companies adopt and implement a comprehensive sustainable palm oil policy (A&N041;)
Pewster, I am sure that this important resolution will help keep the over-harvesting of palms in check, and thereby secure long term affordable prices for palms for Palm Sunday. The vast savings realized will, from 2017 forward, be applied to mission activities.
Instruct Treasurer to vote “abstain†on shareholder resolutions requesting that companies report on the risks associated with offshore banking secrecy (A&N045;)
Somebody send this one to “Occupy Wall Street” and they may change their name to “Occupy Trinity Wall Street.”
TEC is in favor of complete financial transparency, except when they aren’t.
[blockquote]Instruct Treasurer to vote in favor of all shareholder resolutions requesting reports on policies and plans for eliminating releases of mercury into the environment (A&N042;)[/blockquote]
except when demanding the use of CFL’s and prohibiting the use of incandescent bulbs.
Post 6, It is noticeable that the treasurer “shall†commandments far out number the treasurer “shall not†commandments so it is natural to focus on this exception and wonder why it was made.
The thing that I find most confusing about this is the use of the word “shareholderâ€. I confess that I know little about church business so at first I thought that they were referring to shareholders of church properties or church vestries or delegates to General Convention but as I read further I got the impression that they were referring to something more nebulous and this made me wonder why the church treasurer would be instructed to vote or abstain from voting on any resolutions made by any shareholders of any organization either inside or outside of the church.
Hard and sad to believe this is for real and not a parody.
My goodness. I’m utterly speechless and don’t even begin to know where to begin. Yes, I understand Exec Council has financial & legal duties to attend to. But really… this speaks volumes as to what TEC is rapidly becoming: a property holding & trust management firm. NOT a living stone in the Body of Christ.
bettcee,
I’m assuming all those “direct the treasurer…” resolutions are related to TEC investment trust holdings. As such, TEC owns lots of corporate stock. Each year at corporate annual meetings, shareholders must vote on various resolutions – some proposed by the company’s management, some proposed by shareholders. Groups of shareholders typically lobby for various “pet causes” (environmental, political, and related to financial management, etc.) and try to get companies to take a stand on such issues.
So these resolutions are basically instructing how TEC expects its treasurer to vote on any such resolutions proposed by shareholders of the stocks it owns.
Thanks for the information Karen.
I guess this is why they also instructed the “Treasurer to vote “abstain†on shareholder resolutions requesting reports on the business risks of aggressive tax strategies (A&N048;)”.
I know it is fashionable for some TEC leaders to portray Scripture as irrelevant to our times but it seems to me that God has been kind enough to let us know, through Scripture, how His world works and if our church (TEC) chooses to ignore His Word in favor of its own suppositions, we will all have to face His reality, regardless of whether it is from the business or spiritual aspect.
Does the Executive Council ever discuss how to grow the Episcopal Church?
Do they ever discuss how to spread the Gospel?
#1–No
#2–No
Do they even talk about Jesus?
Pewster, I am sure that this important resolution will help keep the over-harvesting of palms in check, and thereby secure long term affordable prices for palms for Palm Sunday. The vast savings realized will, from 2017 forward, be applied to mission activities.
Somebody send this one to “Occupy Wall Street” and they may change their name to “Occupy Trinity Wall Street.”
TEC is in favor of complete financial transparency, except when they aren’t.
4. NO.
[blockquote]Instruct Treasurer to vote in favor of all shareholder resolutions requesting reports on policies and plans for eliminating releases of mercury into the environment (A&N042;)[/blockquote]
except when demanding the use of CFL’s and prohibiting the use of incandescent bulbs.
Post 6, It is noticeable that the treasurer “shall†commandments far out number the treasurer “shall not†commandments so it is natural to focus on this exception and wonder why it was made.
The thing that I find most confusing about this is the use of the word “shareholderâ€. I confess that I know little about church business so at first I thought that they were referring to shareholders of church properties or church vestries or delegates to General Convention but as I read further I got the impression that they were referring to something more nebulous and this made me wonder why the church treasurer would be instructed to vote or abstain from voting on any resolutions made by any shareholders of any organization either inside or outside of the church.
Hard and sad to believe this is for real and not a parody.
My goodness. I’m utterly speechless and don’t even begin to know where to begin. Yes, I understand Exec Council has financial & legal duties to attend to. But really… this speaks volumes as to what TEC is rapidly becoming: a property holding & trust management firm. NOT a living stone in the Body of Christ.
Wow.
bettcee,
I’m assuming all those “direct the treasurer…” resolutions are related to TEC investment trust holdings. As such, TEC owns lots of corporate stock. Each year at corporate annual meetings, shareholders must vote on various resolutions – some proposed by the company’s management, some proposed by shareholders. Groups of shareholders typically lobby for various “pet causes” (environmental, political, and related to financial management, etc.) and try to get companies to take a stand on such issues.
So these resolutions are basically instructing how TEC expects its treasurer to vote on any such resolutions proposed by shareholders of the stocks it owns.
Thanks for the information Karen.
I guess this is why they also instructed the “Treasurer to vote “abstain†on shareholder resolutions requesting reports on the business risks of aggressive tax strategies (A&N048;)”.
Karen B. (#10 above) Certainly not a living stone, but more like a kidney stone in the Body of Christ.
I know it is fashionable for some TEC leaders to portray Scripture as irrelevant to our times but it seems to me that God has been kind enough to let us know, through Scripture, how His world works and if our church (TEC) chooses to ignore His Word in favor of its own suppositions, we will all have to face His reality, regardless of whether it is from the business or spiritual aspect.