wfn.org | [UCC NEWS] Can UCC leverage its portfolio for Middle East peace?

[guessb@ucc.org]

United Church of Christ
United Church News
The Rev. J. Bennett Guess, news director
guessb@ucc.org, 216/773-9222

May 12, 2005

Can the United Church of Christ leverage its portfolio for Middle East
peace?

The United Church of Christ's General Synod, meeting July 1-5 in Atlanta,
will consider two resolutions that call for the church to use its economic
leverage to express disapproval of companies allegedly profiting from
Israel's occupation of Palestinian territory.

A proposed resolution brought by a coalition of six congregations in
Hawaii, Montana and Washington calls for "a study of divestment of church
funds from companies that profit from the perpetuation of violence and
injustice in Israel and Palestine."

A second proposal sponsored by the Penn West Conference asks for selective
divestment from firms "involved with Israel's occupation of the West Bank
and Gaza, the building of the 'security fence,' and the Israeli settlements
within the Palestinian Territory."

If approved, the 1.3-million-member UCC would follow in the path of the
General Assembly of the Presbyterian Church (U.S.A.) which last year voted
to begin a study of divestment from such companies.

The Rev. Alan N. McLarty, Penn West Conference Minister, told the Los
Angeles Times that the proposed resolution seeks to "affirm that God seeks
shalom, peace, that will bring health and wholeness to all people in the
Mideast."

Penn West's resolution affirms Israel's right to exist, condemns violence
on both sides of the conflict and notes that the UCC has passed resolutions
condemning anti-Semitism. The proposal also explicitly names Caterpillar
Inc. as a candidate for divestment, arguing that it is profiting from the
perpetual violence in the Middle East.

"[Caterpillar's] purpose-built machines have enabled, and are still
enabling, the Israeli Defense Force to destroy increasingly more
Palestinian homes and olive orchards," the measure reads. "One of these
machines was instrumental in the deliberate crushing to death of the young
American peace volunteer Rachel Corrie in Gaza on March 16, 2003."

The Presbyterians and United Methodists are also reportedly considering a
"corporate social responsibility" campaign against Caterpillar.

The Episcopal Church, Evangelical Lutheran Church in America and Christian
Church (Disciples of Christ) also could consider economic leverage
resolutions regarding Israel/Palestine at upcoming national assemblies.
The divestment effort is being met with widespread disapproval from Jewish
organizations. Earlier this year, when the UCC/Disciples' Global Ministries
published an online study document entitled "The Palestinians, Israel,
and
the Churches' Economic Leverage," the Anti-Defamation League responded
with
a letter on Feb. 8 complimenting the balance of the church's background
piece but criticizing the idea of "divestment as formal church policy."
"While you go to great lengths to demonstrate the many ways economic
'leverage' might be employed to encourage the peace process, there is
precious little else," the letter stated. "We question why there are no
alternatives ? ."

The UCC Pension Boards, located in New York, issued a statement on its
website on April 22, saying it "shares the goals of a lasting peace between
Palestinians and Israelis, strengthening the Palestinian economy and
preserving interfaith relationships" and "believes there is room for a
variety of strategies among the UCC's settings, as well as our ecumenical
and interfaith partners, united in seeking a common goal."

The Pension Boards, however, says a "full range of possibilities" should be
explored "before the church commits to any particular course of action."

"The Pension Boards understands that many of our members do not want to
profit from certain corporate activity," the statement says. "? However, we
view divestment ? the intentional sale of stock ? as a 'last resort'
strategy, to be considered only after a corporate engagement or shareholder
activism approach has failed."

A third proposed resolution on the Middle East, "Tear Down The Wall,"
sponsored by Wider Church Ministries, calls upon the Israeli government to
cease construction and dismantle the massive security barrier that
separates the Israeli and Palestinian territories and calls for reparations
to those displaced by its construction.

The texts of proposed resolutions can be read online at:
http://www.ucc.org/synod/resolutions/index.html

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