Wednesday, May 25: Socially Responsible Investing
“Together with our obligation to use the earth’s goods responsibly, we are called to recognize that other living beings have a value of their own in God’s eyes: ‘by their mere existence…the priority of BEING over that of BEING USEFUL.” (LS, 69)
In our shareholder advocacy, we exercise ethical and social stewardship over our economic and financial resources. We use three strategies: 1) Avoid Doing Harm to the earth and its people; 2) Actively Work for Change through corporate dialogues, resolutions, etc., 3) Promote the Common Good. We partner with Seventh Generation Interfaith (regional) and Interfaith Center for Corporate Responsibility in NY. We couldn’t do shareholder advocacy without their technical expertise, faith-based approach. We follow the United States Bishops’ Guidelines, as well. We also journey with the Francesco Collaborative who is a resource to faith-based organizations, wanting to apply the principles of Laudato Si’ into pro-active investment strategies, listening to the cries of those who do not have access to financial resources, listening to the cries of the earth and seeking ways to invest in alternative energy.
Laudato Si’ calls everyone to listen to the cries of the earth and the cries of those made poor. This past year, the Presentation Sisters were one of 15 faith-based organizations who challenged Amazon using an integral ecology approach addressing: paid sick leave, racial and gender pay equity, and our resolution challenging them to align their lobbying activities with the Paris Agreement. I hear the cries of Amazon workers at the local level in Staten Island who are organizing for just wages. CLICK HERE to read more about this effort.