Enabling Access to Capital
The provision of responsible and prudent credit to underserved communities and individuals through microfinance and other instruments – in the U.S. and throughout the world – helps to promote human development and build community. Pressing the formal financial sector to participate responsibly in these activities by making a positive contribution to this effort remains a priority for the OMI faith consistent investing program.
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.
Core issues raised in these meetings have been:
- the risk management policies and structure of the corporation
- responsible evaluation of new tools and products introduced into the financial system especially regarding their impact on liquidity and instability.
Faith Responsible Investing News
- World Youth Conference in Mexico: August 23-28, 2010 August 23rd, 2010
- Congo Catholic Bishops Praise U.S. Law on Conflict Minerals August 17th, 2010
- Continued Call for AIDS Treatment at 2010 AIDS Conference in Vienna August 5th, 2010
- A Big Victory for Congo and Extractive Industries Transparency in the US Financial Reform Bill July 16th, 2010