Updates
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 […]
Shareholders Laud Ford as First U.S. Automaker to Set “Clearly Defined Goal” FOR A MAJOR CUT IN Greenhouse Gas Emissions
Religious, Pension Fund Shareholder Resolutions Key to Step Taken by FordWednesday April 9th, 2008 Patrick MitchellICCR DETROIT AND NEW YORK CITY///April 9, 2008///Religious and other institutional investors joined today with Ford Motor Co. (NYSE:F) in announcing that Ford is the first U.S. auto company to spell out how it plans to reach the goal of […]
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 […]
Resolved: Public Corporations Shall Take Us Seriously
Dashka SlaterNew York Times The ring tone on Sister Patricia Daly’s cellphone is the “Hallelujah” chorus from Handel’s “Messiah,” which makes every call sound as if it’s coming from God. On the particular May afternoon, however, David Henry, who handles investor relations for the ExxonMobil Corporation, was on the line. Henry wanted to know if […]
God and mammon on her side
Sister Patricia Daly is a nun with a fund, a thorn in the side of corner cutters, child exploiters and pollutersRichard Wray The Guardian All campaigners claim to have right on their side, but one New Jersey-based adversary of corporate America can go one better: God’s in her corner. Sister Patricia Daly, a Dominican nun, […]