Updates
Maryknoll on the Daily Show, promoting Corporate Responsibility
Maryknoll Interactive Media It’s not every day that a Maryknoll Father appears on Comedy Central’s THE DAILY SHOW, but that’s exactly what Father Joe La Mar, M.M. did recently. He was a guest on the popular program to talk about his work with the Interfaith Center on Corporate Responsibily (ICCR), a group founded to integrate, […]
Goldman Chief Promises a Review of Bank’s Practices
The head of Goldman Sachs, at his first meeting with shareholders since the government accused the bank of defrauding some clients, vowed on Friday to conduct an internal review of the company’s business practices to make sure it was serving its customers and the public interest. Goldman investors arriving Friday at the annual meeting in […]
Faith-based investors push bankers for transparency
Dennis Sadowski WASHINGTON — As Congress debates legislation to restrict the activities of financial traders, a group of faith-based institutional investors is pressuring four of the nation’s largest banks to become more transparent in the way they transact investment deals. The investors, under the banner of the New York-based Interfaith Center on Corporate Responsibility, have […]
Sr. Patricia Daly Receives Honorary Doctrate in Business Leadership
Duquesne University will recognize three distinguished individuals by presenting them with honorary degrees at its annual Commencement ceremony on Friday, May 7, at 5 p.m. in the A.J. Palumbo Center. Sister Margaret Carney, president of St. Bonaventure University, will receive an Honorary Doctor of Letters and will deliver the commencement address. Sister Patricia Daly, executive […]
Sr. Patricia Daly Receives Honorary Doctrate in Business Leadership
Duquesne University will recognize three distinguished individuals by presenting them with honorary degrees at its annual Commencement ceremony on Friday, May 7, at 5 p.m. in the A.J. Palumbo Center. Sister Margaret Carney, president of St. Bonaventure University, will receive an Honorary Doctor of Letters and will deliver the commencement address. Sister Patricia Daly, executive […]
Sister Pat Daly honored for individual achievement
Sister Pat Daly received the Individual Achievement Award. Daly is a Dominican Sister of Caldwell, New Jersey and Executive Director of the Tri-State Coalition for Responsible Investment, an organization of 40 Roman Catholic dioceses and congregations in the NY metropolitan area. Her work has been critical in forcing General Electric to pay for a clean-up […]
Chevron Corp. Makes Breakthrough on Tracking Carbon Emissions, Shareholders Withdraw Greenhouse Gas Resolution
Chevron Action Contrasted with “Recalcitrance” at ExxonMobil (XOM) as Company Becomes First U.S. Super-major to Agree to Separately Track Carbon Content of Products DALLAS, TX///May 26, 2009///On the eve of the Chevron and ExxonMobil annual meetings, the Sisters of St. Dominic of Caldwell, NJ, a faith-based institutional investor and member of the Interfaith Center on […]
Religious Investors Push Companies to Embrace Health Reform
Jacob GoldsteinWall Street Journal Blog More than $100 billion worth of investment capital is pushing companies to embrace borad health reform priniciples – though the prinicples are so broad that it’s not entirely clear what that embrace would mean. The Interfaith Center for Corporate Responsibility said today that it has filed 26 shareholder resolutions related […]
Faith-based and Social Investors Praise Wal-Mart’s Efforts to Stop Forcing Children to Pick Cotton
Patricia Jurewicz and David Schilling NEW YORK CITY/SAN FRANCISCO, September 30, 2008– Faith–based and socially responsible investors commend Wal-Mart for taking action to put an end to child labor in Uzbekistan. Today, Wal-Mart announced that it has “instructed its global supply base to cease sourcing cotton and cotton materials from Uzbekistan in an effort to […]
Rockefeller Descendants Call for Change at Exxon
Russell GoldWall Street Journal The descendants of John D. Rockefeller — the founder of Standard Oil, forerunner of today’s Exxon Mobil Corp. — are publicly calling on Exxon to change its corporate governance and take a hard look at the future of global energy supplies. A majority of 300 adult members of the wealthy Rockefeller […]