News Archives » Fr. Seamus Finn
The Mission of Jubilee USA Network Remains Critical April 15th, 2020
As the world’s major trade blocs and financial institutions convene over the next few days to deal with the growing coronavirus crisis, many of the largest religious institutions are urging them to protect the world’s poor by providing debt relief and additional resources.
In recent days, OMI JPIC joined 80 national religious institutions, congregations and partners in a letter organized by Jubilee USA Network to confront the coronavirus crisis. The letter was delivered to the White House, G20 and IMF.
Signers of the letter join calls from Pope Francis, the US Catholic Bishops and 165 world leaders encouraging additional resources, aid and debt relief to ensure all countries can withstand the crisis.
On a positive front, earlier this week the International Monetary Fund approved $500 million to cancel six months of debt payments for 25 of the world’s most impoverished countries: Afghanistan, Benin, Burkina Faso, Central African Republic, Chad, Comoros, the Democratic Republic of Congo, Gambia, Guinea, Guinea-Bissau, Haiti, Liberia, Madagascar, Malawi, Mali, Mozambique, Nepal, Niger, Rwanda, São Tomé and Príncipe, Sierra Leone, Solomon Islands, Tajikistan, Togo and Yemen.
While applauding this move, Eric LeCompte, executive director of Jubilee USA Network is pushing for an expansion of this list to include more countries where people live in extreme poverty.
Also reacting to this week’s events, Fr. Séamus Finn, OMI, Missionary Oblates JPIC director remarked, “the chains of financial indebtedness have imprisoned millions around the world for too many years. We need to continue to press on this critical issue which we have dodged consistently over the decades.” “This crisis may be providing us with ‘no other choice’ scenario as we recognize that we are all in this together,” he adds.
The Missionary Oblates were founders of Jubilee USA and have been active members over the years.
Read more about Jubilee USA Network’s recent actions by visiting their website.
2020 Joint Meeting of the General Mission Committee & General Service of JPIC February 28th, 2020
The Joint Meeting of the General Mission Committee & General Service of JPIC (February 24-28) Rome, Italy
On February 25, Fr. Séamus Finn, OMI, was the resource person of the day. He is the Chief of Faith Consistent Investing, OIP Investment Trust; and past Chair of the Board of Interfaith Center on Corporate Responsibility (ICCR).
Among the pictures, you will find the translation booths where Bonga Thami, Diego Saez Jean Marie Sene help the participants with translations.
Putting Treasure Where the Heart Is February 12th, 2020
Review by Kirsten Snow Spalding, rector of the Church of the Nativity in San Rafael, CA & senior director of the Investor Network on Climate Risk and Sustainability at Ceres, a non-profit advocacy organization
Fr. Séamus Finn , OMI authors chapter on human dignity, trafficking & investing in newly-released book,” Faithful Investing, The Power of Decisive Action and Incremental Change.”
Faithful Investing, edited by James Murphy, explores a range of perspectives on why and how congregations have used investment practices to address issues important to people of faith, including human rights and human trafficking, tobacco, gun control, climate change, gender diversity, pay equity, poverty, and immigration.
The collection includes essays written by investment professionals; faith leaders with long experience in corporate governance work and investment strategies; and advocates who work with a variety of institutional investors. Unlike many resources on this subject, Murphy’s collection offers alternative approaches, without taking a hard line about one “right way” to address these issues.
Each of the authors uses plain language to explain the rationale behind a particular investment approach — divesting or negative screening; engaging with companies through direct dialogues; collaborative engagements with other investors; filing proxy resolutions and voting on them; incorporating ESG (environmental, social and governance) factors into investment decision-making; taking a “best-in-class” fundamentals approach to building a portfolio or investing for impact in one or multiple asset classes. For someone new to the field, Faithful Investing suggests the critical questions that need to be asked before recommending a particular strategy. Read the full review here.
This unique collaboration of voices from multiple Christian denominations include James W. Murphy, Byrd Bonner, Tim Brennan, Sister Patricia Daly, The Rev. Séamus P. Finn, Bobbi Hannigan, Lisa Hinds, Joseph M. Kinard, Kathryn McCloskey, The Rev. Aimee Moiso, Mark A. Regier, Greg Rousos, Carsten W. Sierck, The Rev. William Somplatsky-Jarman.
2019 Year in Review: A Year of Engagement, Outreach and Action January 3rd, 2020
Happy New Year. Here are some 2019 highlights from the OMI JPIC office:
o January 2019, JPIC started the year on a somber note and in solidarity with OMI Province of the Philippines on the Jolo Cathedral Bombing in January 2019.
o February 2019 Fr. Séamus Finn, OMI and Fr Rufus Whitley, OMI presented at the Vatican Conference in Rome on Impact Investing: Scaling Investment in Service of Integral Human Development which focused on concrete ways that capital can help the poor around the world.
o March 2019, JPIC office welcomed and hosted Fr. Ray Cook OMI and Rice University Students
o April 2019, the OMI JPIC Committee met in New Orleans, Louisiana at the historic St Augustine Catholic Church.
o May 2019, JPIC welcomed Br. Joey Methé, OMI for 2019 Summer Intern. And expressed gratitude for the vocation of Fr. Seamus Finn, OMI on 43 Years of Priesthood
o Effective July 1, 2019, Mrs. Mary O’ Herron and Fr Emmanuel Mulenga OMI appointed to a three-year term on the JPIC committee.
o August 2019, launch of the new 360° design for JPIC newsletter:http://omiusajpic.org/2019/08/16/presenting-our-2019-summer-jpic-report-with-a-fresh-new-look/
o US Provincial Fr Louis Studer, OMI joined national leaders in sign-on letter urging the administration to pass bipartisan budget agreement that lifted spending caps for non-defense programs and raises debt ceiling.
o In September 2019, to mark World Day of Migrants and Refugees JPIC launched the podcast featuring Fr. Jesse Esqueda OMI speaking on the migrant crisis in Tijuana.
o October 2019, JPIC social media provided a platform for Oblates updates and happenings at Pan-Amazon Region in Rome and experiences of Oblates at the Amazon Synod such as Fr Roberto Carrasco, OMI
o November 2019, Fr Séamus Finn, OMI, was the keynote speaker at Marquette’s first symposium on Socially Responsible Investing where he explored the history of socially responsible investing, drawing on personal stories and work as board chair of the Interfaith Center on Corporate Responsibility
o In December 2019, Missionary Oblates joined 80 national religious bodies in sending letter the US Senate urging passage of the ILLICIT CASH Act (S.2563) and the Corporate Transparency Act (S.1978)
o December 2019, another big highlight was a Congressional Hearing on the state of migrant children where JPIC Committee member Patti Radle was among panelists giving powerful testimonies: https://edlabor.house.gov/hearings/growing-up-in-fear-how-the-trump-administrations-immigration-policies-are-harming-children-
Taking a Stand: ICCR Hosts Annual Event on Protecting Human Rights Defenders November 6th, 2019
On Tuesday, October 29, Interfaith Center on Corporate Responsibility (ICCR) hosted its annual event, “Taking a Stand: Corporate Action to Protect Human Rights Defenders” in New York City. The event focused on protecting human rights defenders from the threats they face. Moderator, Chris Jochnick, led an exciting discussion with Ines Osman of MENA Rights Group; Nicole Karlebach of Oath: A Verizon Company; and Bennett Freeman of the Institute for Human Rights and Business.
Later on conference participants, including ICCR Board Chair, Fr. Séamus Finn, OMI, celebrated the event’s success at a reception.