Corporate Governance
The Oblate Faith Consistent Investment program challenges corporations to ethical standards in their social and financial policies. As Investors, we are concerned with excessive CEO compensation. The past two decades have seen an unprecedented growth in executive compensation and a dramatic increase in the ratio between the compensation of executives and their employees. Some CEOs have received enormous exit packages despite poor performance as top executives.
We call on corporations to diversify the board of directors and demand greater board independence by adopting a policy of separate CEO and chairperson of the board. Oblate FRI has engaged in corporate meetings with Apple Computer, Time Warner, Bank of America, Morgan Stanley and Citigroup.
The Missionary Oblates work with other members of the Interfaith Center on Corporate Responsibility (ICCR) through corporate dialogues and the filing of shareholder resolutions to press companies to adopt these priorities.
Faith Responsible Investing News
- Women religious, shareholders raise awareness about child sexual exploitation during the Super Bowl January 31st, 2012
- Updates on Events and Resources from the JPIC Commission Office in Rome January 26th, 2012
- Faith-Based Investors Call on House Leadership to Support Human Trafficking Legislation January 26th, 2012
- Corporations, Taxes and Responsible Investors January 23rd, 2012
Latest Video & Audio
- Bangladeshi Conference on Indigenous Peoples and the Environment a Great Success January 27th, 2012
- Faith-based Shareholders Explain their Work on CBS’s The Early Show December 12th, 2011