COP26 was the biggest climate event of the year. Bishop Olivia travelled to Glasgow in November to represent the Church of England’s commitment to environmental action, speaking at many events. We continued to provide advice and support to churches and parishes switching to more sustainable practices and saw a rise in the number of Eco Churches, demonstrating the progress towards our target of net zero carbon emissions by 2035. “At Glasgow, the world glimpsed the possibility of a hopeful future. Hurting God’s creation and contributing to the suffering of God’s poorest people is not the ‘love God and your neighbour’ that Jesus commands of us. COP26 showed us the unity of purpose people of faith can bring. This encouragement should reignite in all of us hope for our future.” Bishop Olivia
The Portfolio
The Diocese of Oxford has a significant property and land portfolio valued in excess of £450m. Incorporated in the portfolio is 450 residential assets, of which circa 380 are occupied by clergy, the remainder are let on the open market on either short or long term basis returning an income of about £1m to the organisation. Further commercial assets are held within the portfolio including corporate offices, retail and a small number of operational properties. The Diocese also owns 4,000 acres of land, some of which has been acquired on a strategic basis for future development.
With 250 parcels of land, the glebe portfolio produces an annual rental income of £400,000 per annum.
The Diocese has been prominent in delivering on an ambitious acquisition and disposal programme of circa £4m each year.
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