Vatican Launches Initiative for Disinvestment from Mining Sector

The Vatican has launched an international project to encourage disinvestment from the mining sector, backed by senior Church leaders and around 40 faith-based institutions. The initiative aims to promote just treatment of workers and environmental protection by mining companies. It calls for Catholics and faith groups to withdraw investments due to the social and environmental impacts of mining. This marks a new disinvestment effort following previous calls for divestment from armaments and fossil fuels.

Published Mar 21, 2026

The Vatican has initiated a project to encourage disinvestment from the mining sector, aiming to align Catholic investment practices with ethical standards. Supported by senior Church leaders and about 40 other faith-based institutions, the initiative urges companies to ensure fair treatment of workers and environmental protection.

AI-curated by Theia

This follows Pope Francis' previous advocacy for responsible mining practices and earlier calls for disinvestment from fossil fuels and armaments. The initiative highlights the significant demand for metals like lithium and cobalt, expected to triple by 2030. The project does not specify targeted mining companies or organizations involved.