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Oblates Active in ICCR AGM in Boston June 10th, 2012

Simmons College, Boston, MA

The Oblates participated in the Annual General Meeting of the Interfaith Center on Corporate Responsibility (ICCR) that met at Simmons College in Boston from June 4-8. The corporate engagements over the last proxy season were evaluated – with successes celebrated, and plans laid for the 2012-2013 season. Areas in which the Oblates are active include: access to finance, extractives, global access to health, water, human trafficking, toxic chemicals, corporate governance and supply chain (labor) issues. John Ruggie, Professor at Harvard’s Kennedy School and the UN Special Rapporteur behind the UN Guiding Principles on Human Rights and Business was honored at a reception Wednesday evening.

The work on the financial services sector continues to be a high priority for ICCR members and has generated significant media attention. Resolutions and statements by religious investors continue to draw attention to the extensive moral and ethical responsibilities that corporate actors in this space assume. The enduring impact of the destruction of nearly 17 trillion dollars of wealth since the near financial meltdown of September 2008 is a clear justification of the need for such vigilance. This work by ICCR members has strongly supported the efforts of numerous homeowners in places like the San Fernando Valley CA and Prince William County in VA to stay in their homes and restore their communities.

Fr. Seamus Finn, OMI and Sr. Judy Byron, OP at ICCR

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