The move responds to a resolution approved by last year’s General Conference that calls on United Methodist institutions, including Wespath, not to invest in the governmental debt of Israel, Morocco and Turkey because of those nations’ long-term military occupations. Delegates passed that resolution — along with others — by a vote of 686-36 on the legislative assembly’s consent calendar.
After prayerful consideration, the Wespath board decided to expand on the resolution. The result, which the agency announced Aug. 6, is a new enhanced human rights framework for assessing potential investments in the sovereign debt of all countries.
“With our framework, we took a step back,” Andy Hendren, Wespath’s top executive, told United Methodist News. “We wanted to do a more principled, holistic look at all sovereign debt, so it not only looks at military occupations like those identified in the resolution — those three. But there are other military occupations in the world that government should be held accountable for.”
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