A160 HB Committee #18 Report #01
House of Bishops Committee 18 - Stewardship & Socially Responsible Investing presents its Report #01 on Resolution A160 (Study of Environmental Impact of and Guidance for Investing in Cryptocurrencies ) and moves:
Resolved, the House of Deputies concurring,
That the 80th General Convention recognizes that there is a significant environmental impact caused by the creation, maintenance, and transfer of cryptocurrencies; and be it further
Resolved, that the 80th General Convention calls upon the Investment Committee of the Executive Council to study this impact and provide guidance through a report either to Executive Council or the 81st General Convention whether institutional investors of the Church should invest in, divest from, or refrain from investing in cryptocurrencies.