Church of England to reconsider shares in TotalEnergies over Ukraine inaction

While TotalEnergies has condemned Russia’s aggression, it has not followed many of its peers in the energy sector, such as BP and Shell, in withdrawing from Russia. Photograph: Gonzalo Fuentes/Reuters

The Church of England is pressuring the French energy giant TotalEnergies over its decision not to cut ties with Russia after Vladimir Putin’s invasion of Ukraine.

The Church’s pensions board and the manager of its investment fund said they would reconsider their shareholding in the company.