News Archives » faith consistent investing
Catholics and Faith-Consistent Investing January 8th, 2012
Learn about the possibilities available to help individuals develop a “faith-consistent” stock portfolio. In an article in Our Sunday Visitor, titled Investing with a clear conscience: Catholics don’t have to sacrifice big financial returns to invest in line with their ideals, Scott Alessi interviews Fr. Seamus Finn, OMI and others about the importance of active, faith-consistent investing.
“Church teaching clearly emphasizes the importance of placing one’s faith above financial gain. The Catechism of the Catholic Church states that economic success should never come at the expense of human dignity and that “a theory that makes profit the exclusive norm and ultimate end of economic activity is morally unacceptable” (No. 2424).”
Faith-based Shareholders Explain their Work on CBS’s The Early Show December 12th, 2011
Rebecca Jarvis, of CBS’s The Early Show, talks with the Rev. Seamus Finn and Sister Pat Daly, from the Interfaith Center on Corporate Responsibility, about how they help major corporations realize their social duties to make them better.
When Times Are Tough, True Leaders Emerge December 2nd, 2011
Fr. Seamus Finn’s most recent blog on Huffington Post focuses on the need for “corporate leadership to find their voice in the conversation, re-evaluate their role in the economy and promote the social responsibility of the corporations that they lead.”
Faith-Based Investors Call on Pharmaceutical Companies to Join the Medicines Patent Pool November 30th, 2011
In honor of World AIDS Day and the United Nation’s theme, “Getting to Zero”, members of the Interfaith Center on Corporate Responsibility (ICCR) reiterate their endorsement of the Medicines Patent Pool (MPP) created by UNITAID, and call upon pharmaceutical companies to share their licenses for life-savings AIDS medicines.
“The ‘Getting to Zero’ theme has three main goals,” said Christina Herman of the Missionary Oblates of Mary Immaculate: “Zero new infections, zero discrimination and zero AIDS-related deaths: The MPP is an effective and powerful strategy against all three. As investors in pharmaceutical companies who view access to medicines as a fundamental human right, we strongly encourage participation.”
Read the ICCR Press Release on the UNITAID Patent Pool…
Faith-based Shareholder Activists Profiled in NY Times November 14th, 2011
Photo from Associated Press
Religious groups have worked through the Interfaith Center on Corporate Responsibility for 40 years to encourage corporations to ‘do the right thing’ by people and the environment. Sr. Nora Nash, of the Sisters of St. Francis of Philadelphia and active in faith-based shareholder activism since the 1980’s, was profiled in the Sunday edition of the New York Times. She explained their involvement thus: “We’re not here to put corporations down.We’re here to improve their sense of responsibility.”
Seamus Finn, OMI – also deeply involved in the ICCR dialogs with the banks as well as other corporate sectors, was cited in the article: “Companies have learned over time that the issues we’re bringing are not frivolous,” said the Rev. Seamus P. Finn, 61, a Washington-based priest with the Missionary Oblates of Mary Immaculate and a board member of the Interfaith Center. “At the end of every transaction, there are people that are either positively or negatively impacted, and we try to explain that to them.”
