News Archives » faith consistent investing
Support the Energy Security Through Transparency Act of 2009 March 1st, 2010
The Energy Security through Transparency Act of 2009 (S.1700), also called the ESTT Act was introduced in September 2009 and needs your support!
The ESTT Act requires gas, oil and mineral companies registered with the U.S. Securities and Exchange to disclose payments to foreign governments for the commercial extraction of oil, natural gas and minerals.
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Oblates Join Broad Coalition in Call for Reform of Financial Markets February 8th, 2010
Commodity Markets Oversight Coalition and Americans for Financial Reform Call for Reforms that Could Have Prevented Economic Crisis and Commodities Bubbles
The Missionary Oblates, long active in shareholder advocacy, have been pressing for major reforms in derivatives trading and commodity speculation in their dialogs with major banks and other financial services institutions. Recently, the Oblates joined a broad coalition calling for needed reform of the financial system to prevent a repeat of last year’s financial meltdown.
Advocates for financial reform have formed a powerful partnership with business interests ranging from heating and motor fuels retailers to cotton marketers, and trucking companies to airlines, and this new alliance is calling on Congress and Federal Regulators to bring derivatives out of the shadows and into the daylight.
Read the Coalition’s “Joint Statement of Shared Principles for Needed Reforms in the Futures/Derivatives Markets.”
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2009 Global Parliament of Religions Gather in Australia December 7th, 2009
There are No Jobs on a Dead Planet
The Rev. Seamus Finn, OMI will speak at the fifth global conference of the Parliament of World Religions which is meeting from December 3 to 9, 2009 in Melbourne, Australia. The Council for a Parliament of the World’s Religions aims to cultivate harmony among the world’s religious and spiritual communities and foster their engagement with the world and its guiding institutions in order to achieve a just, peaceful and sustainable world.
The theme for the 2009 Parliament is “Make a World of Difference: Hearing each other, Healing the earth.” The 2009 Parliament will welcome over 10,000 people from 80 countries to take part in approximately 500 events including keynote addresses, seminars, conferences, debates, performances, concerts and exhibitions.
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Oblates Urge SEC to Require Greater Disclosure of Boardroom Diversity September 17th, 2009
The SEC has asked investors whether they believe diversity in the boardroom is “a significant issue” and have requested comments on whether additional disclosure in the area of board diversity should be required. The Missionary Oblates of Mary Immaculate believe board diversity is a critical issue for investors and that greater disclosure in the area should be required. There are a number of studies that continue to build the business case for boardroom diversity.
Read our letter to the SEC on this important issue.
Fall 2009 Issue of JPIC Report Available On-Line September 8th, 2009
The Fall 2009 issue of JPIC Report, the newsletter of the US Justice, Peace/Integrity of Creation Office of the Missionary Oblates is available on line. This issue features updates on Sri Lanka, Comprehensive Immigration Reform, Oblate work on faith responsible investing and much more.
