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Interfaith Investors Issue Statement on the 5th Anniversary of Rana Plaza Tragedy April 25th, 2018
The Rana Plaza building collapse in Bangladesh in 2013 resulted in over 1,100 garment workers killed and 2,600 injured. This massive tragedy drew attention to the systemic human rights abuses in the garment sector, as well as the failure of the Bangladesh government and corporate compliance programs to create safe and healthy workplaces that respect and protect the lives of workers and mitigate the risk to companies and their investors.
To mark the 5th anniversary of this disaster a coalition of investors, including the Missionary Oblates of Mary Immaculate, and led by the Interfaith Center on Corporate Responsibility (ICCR) issued an investor statement appealing to over 60 companies sourcing in Bangladesh to assume responsibility for helping to transform the Bangladesh apparel sector. In their statement the coalition proposes four main recommendations.
View the full statement with signatories here.
Missionary Oblates Join Investors Calling for Corporate Action to Address Gun Violence April 3rd, 2018
Missionary Oblates JPIC has joined the Interfaith Center on Corporate Responsibility (ICCR) and over 140 institutional investors in a statement calling on gun manufacturers, retailers and distributors, as well as companies with ‘financial ties to these industries, to review their operations, supply chains, and policies and take meaningful action on this public safety concern.’
The recent Parkland, Florida school shooting has ignited robust calls for action on the issue of gun violence. As an organization committed to justice and peace, we pray for victims and their families and join this rallying cry for immediate action on gun violence.
The investor statement was issued on March 29th and contributors to the statement include members of ICCR who have led engagements with gun manufacturers and retailers for several years. The letter outlines specific measures companies can immediately put in place, to reduce the risk of gun violence. Some of these recommendations were adapted from the Sandy Hook Principles, a set of guidelines aimed at curbing gun violence and coming out of the Sandy Hook Elementary School tragedy,
You can read the full statement here.
