News Archives » corporate social responsibility
Vatican Radio interview Oblate representative at UN about Laudato Si’ July 31st, 2015
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he Vatican Radio has interviewed Fr. Daniel LeBlanc OMI,Missionary Oblates General Administration representative to the United Nations and VIVAT in New York about the impact of Pope Francis Encyclical Laudato Si’ on United Nations deliberations.
Listen to Fr Daniel interview here
Missionary Oblates join faith,business & human right groups to urge Congress to Support U.S. Embassy in Cuba. July 20th, 2015
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Missionary Oblates joined more than 28 diverse organizations including our partner organization,Washington Office on Latin America (WOLA) in issuing a joint statement urging Congress to support the establishment of a U.S. embassy in Cuba.
The statement reads, “The establishment of embassies is not an endorsement of a foreign government. It is simply a platform from which to engage host country government officials, members of civil society and business groups.”
Read the statement here: Support for a US Embassy in Cuba FULL HOUSE and SENATE (1)
Transparency and Reputation: There Is No Place to Hide April 8th, 2014
Reputation, brand and image are very important priorities for corporations, organizations and institutions. These characteristics and the products and services that they provide are closely related. Because we are now able, in most instances, to put a quantitative value on reputation, brand and image, they are considered as important to overall worth as the products and services that a corporation offers.
Welcome to the age of globalization, the worldwide web, social media and the 24/7 news cycle.
Read the blog on Huffington Post…
Faith-based Investors Celebrate Victory in Wells Fargo Pay Day Lending Decision January 17th, 2014
Wells Fargo, a major US bank targeted by faith-based investors for their harmful pay day lending practices, announced today that they would discontinue their Direct Deposit Advance service. This is a huge victory on behalf of those who have fallen prey to this predatory lending.
In a Shareholder Resolution with Wells Fargo, which the Oblates co-filed in 2012 and 2013, and in dialogs with company officials, ICCR members raised serious concerns about these loans, their impact on people, and the risks to the bank by engaging in such practices.
ICCR issued a press release on the bank’s decision:
After a long-term engagement with Wells Fargo to promote more responsible lending products, today members of the Interfaith Center on Corporate Responsibility (ICCR) wish to commend management for making the right decision in ending its Direct Deposit Advance program. The company issued a statementtoday announcing that it would discontinue the product effective February 1st.
Click here to read more »
Financial Transparency Coalition Meets in Africa on Problem of Illicit Financial Flows September 30th, 2013
The new Financial Transparency Coalition is meeting in Dar es Salaam, Tanzania on October 1-2. The theme for the conference, is “Towards Transparency: Making the Global Financial System Work for Development.” Fr. Seamus Finn, OMI, US JPIC Office Director, is officially representing ICCR (Interfaith Center on Corporate Responsibility) at the conference.
Nearly a trillion dollars a year has been secreted out of developing countries, robbing them of revenue needed desperately for development. The coalition was formed to do something about this problem that is central to the development of poor countries. According to the Coalition, half of the illicit financial flows – a staggering $500 billion – is coming from Africa. Flowing from crime, corruption, and tax evasion, these illicit transfers represent a drain on developing economies that is equivalent to eight times the size of global foreign aid.
The US JPIC Office is involved in several inter-connected organizations in Washington, DC, working for greater financial justice and transparency. These include the Tax Justice Network USA, (where Fr. Finn serves on the Board), and the FACT coalition (Financial Accountability and Corporate Transparency Campaign). The international Financial Transparency Coalition was launched in May of 2013, in response to the growing awareness and activism around the problem of illicit financial flows.
