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The
Oblates of Mary Immaculate and Socially Responsible Investing
Both domestically
and internationally the reach and the influence of the private
corporation continues to grow. This is true not only in the manufacture
and delivery of goods and services but also in the provision of
employment and the facilitation of investment in local communities. It
is also true when we consider the footprint that a corporation leaves on
the environment and the natural resources that sustain local
communities. Corporations furthermore exercise significant influence on
the values and the wisdom that sustain their stakeholder; employees,
families, customers and the regions where they operate.
The Missionary
Oblates of Mary Immaculate through socially responsible investing seek to promote a more
equitable and sustainable world. This is accomplished by the exercise of
a prudent stewardship over the financial resources which have been
entrusted into our care for the support of our mission and steadfast
commitment to social and environmental issues.
As a
religious institutional investor with access to the world's largest
corporations, we seek to address the pressing social, environmental and
economic issues of the day. Through active shareholder advocacy we
continue to challenge corporations to pay attention to the issues of
global labor, human rights, access to capital, predatory lending,
HIV/AIDS, global warming and environmental justice.
We work to encourage and challenge the business community to
develop corporate practices that safeguard and sustain our common global
life and enhance shareholder value. Furthermore when we consider the ongoing pressure to privatize not only the provision of
certain services like garbage collection, street maintenance and
transportation but also the delivery of basic life necessities like
water, education, healthcare and emergency services in many regions of
the world we begin to understand why the exercise of active ownership is
an important and effective tool.
All of
our shareholder initiatives are coordinated through our membership in
the
Interfaith Center on Corporate Responsibility, and in
partnership with other faith based and socially responsible investors.
For
Archived Information on Corporate Responsibility, click here.
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