Updates
Ford wins over critics with greenhouse pledge
Reuters DETROIT, April 9 (Reuters) – A group of activist investors including the state of Connecticut on Wednesday dropped a campaign targeting Ford Motor Co (F.N) after the No. 2 U.S. automaker detailed plans for cutting greenhouse gas emissions over the next 12 years. Ford’s action made it the first U.S. automaker to spell out […]
Faith-Based Organizations Issue a Holiday Investment Advisory: Inflated Commodities May Contribute to World Hunger
Faith-Based Organizations Issue a Holiday Investment Advisory: Inflated Commodities May Contribute to World Hunger Citing price volatility as a potential catalyst for another “food bubble”, ICCR urges CalSTRS and other large institutional investors to reconsider commodities markets.
Faith and Finance: Finding Common Ground to Protect the Common Good
ICCR’s Financial Services group issued a white paper titled, Faith and Finance: Finding Common Ground to Protect the Common Good outlining the priorities essential to reform. The resource concludes that many changes still need to occur in order for confidence in the financial system to be restored, such as the revolving door between the private […]
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 […]