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Add churches — and more and more Black churches — to the list of organizations that are seen by social impact investors as financial anchors in their neighborhoods and communities.
The Presbyterian Committee on Mission Responsibility Through Investment voted during its June meeting to update the Guideline Metrics framework it uses to evaluate companies in which church entities own stock.
The Interfaith Center on Corporate Responsibility is suing the Securities and Exchange Commission over new rules that would significantly limit the voices of shareholders in corporate governance.
Leaders of the Presbyterian Church (U.S.A.)’s committee on Mission Responsibility Through Investment (MRTI) are hailing the current annual general meeting season as a success and a tipping point for environmental, social and governance shareholder proposals (also called resolutions) going mainstream.
Why should people of faith get involved in climate justice?
“A lot of approaches to climate change have been secular, and they have failed in the Pacific,” said the Rev. James Bhagwan, General Secretary of the Pacific Conference of Churches (PCC), a group of more than 40 churches and Christian faith organizations across the Pacific Ocean. “And the question has always been asked why the climate projects there that are secular do not have the impact that people expect to have on paper?”
In response to a directive from the 222nd General Assembly, in 2017 the Presbyterian Committee on Mission Responsibility Through Investment (MRTI) established a set of guideline metrics to evaluate companies the committee was engaging with according to General Assembly policy on environmental, social and governance (ESG) issues.
New Covenant Trust Company will start utilizing new positive and negative screening tools to assist investors who want their investments to align with their values beginning April 1. These tools will allow New Covenant Trust Company to target investment in companies with a strong record of diversity, equity and inclusion.
The Rev. Dr. Robert L. Stivers, a renowned ethicist, died in Tacoma, Washington, on December 23, 2020, at age 80.
As the implications of the COVID-19 pandemic for work and life became clear, it was obvious they would fundamentally change the way the Compassion, Peace & Justice (CPJ) ministries of the Presbyterian Mission Agency operated.
As the fifth anniversary of the signing of the Paris Agreement nears, the faith-based investing and corporate engagement arm of the Presbyterian Church (U.S.A.) has joined 1,500 U.S. entities in signing a letter affirming a commitment to global climate action.