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A Question of Values: Fr. Séamus Finn, OMI among ICCR members interviewed in new film April 8th, 2019
A Question of Values is a 15-minute video produced by Swanson Film – Peter Swanson on the 45+ year history of the Interfaith Center on Corporate Responsibility (ICCR).
It tells the compelling story of ICCR and how the organization inspired an investment philosophy that has changed corporate behavior. Throughout history there have been calls to inject moral values into investment strategies, but never has it been done in a more organized and impactful way as is being done by ICCR. From its roots in the anti-apartheid movement to currently representing over 100 billion dollars in assets the organization has pioneered the principles of shareholder engagement.
Read more about the film.
From July 8-10, 2018 the Vatican Dicastery for Promoting Integral Human Development (IHD) and Catholic Relief Services (CRS) co-hosted the third conference on impact investing with the theme, Scaling Investment in Service of Integral Human Development. Information about the conference can be found by clicking here.
Held in Rome, the event drew experts and Catholic leaders from around the world, including Frs. Séamus Finn, OMI and Rufus Whitley, OMI. Fr. Séamus spoke on the panel Advances within the Catholic Church and Fr. Rufus participated in discussions on Deploying Capital for Impact at the Base of the Pyramid.
Other panels addressed issues like climate change, health, migrants, refugees, and youth unemployment and how impact investment can improve conditions for people affected. The conference was billed as a ‘results-oriented’ event and a long-term global commitment.
Fr Séamus Finn and ICCR members attend Faith and Finance Conference in Zug, Switzerland November 2nd, 2017
Fr Séamus Finn OMI, chair of the board of the Interfaith Center on Corporate Responsibility, recently addressed the Faith and Finance Conference, hosted at the LaSalle Haus in Zug, Switzerland. In his remarks, Fr Séamus talked briefly about the origins of ICCR more than 45 years ago and the historic legacy that the organization, through its more than 300 faith-based institutional investors, have achieved through a strategy of consistent substantive engagement with publicly traded corporations.
This engagement strategy is rooted in the rights and responsibilities that all investors assume when they invest in corporations, informed through the extensive networks that faith traditions have throughout the world and guided by the moral and ethical principles that are grounded in the teachings of their respective traditions. Over the past 45 years, ICCR members and colleagues have been at the forefront of drawing attention to the consequences of many destructive and dangerous products and abusive policies and been successful in recalling corporations to their social purpose, providing avenues for advocacy and redress to victims, and awakening the conscience of other shareholders.
The conference in Zug was a unique opportunity to share this story with representatives of many faith institutions and organizations from diverse traditions around the world and to discuss avenues for increased strategic collaboration.
Fr. Seamus Finn’s work on derivatives is profiled on PBS’s Nightly Business Report.
How does the financial system affect the poorest of the poor? Watch the June 7th issue of the Nightly Business Report for a segment on faith-based investors and efforts to rein in the derivatives market – a cause of the recent instability that has affected nearly everyone.
In an interview with Darren Gersh, Seamus Finn, OMI clearly draws the connections between decisions made by bankers and the lives of the poor. Fr. Finn talks about the need for greater disclosure of derivative risk – disclosure that a significant number of other shareholders have favored in recent Resolutions with Citibank, JP Morgan Chase, and Goldman Sachs. Up next is legislation on Capitol Hill that could force banks to spin off their derivatives business.