Acton Institute Powerblog Archives

Post Tagged 'Interfaith Center on Corporate Responsibility'

Religious Activists Push Back Against ‘Blunt Instrument’ of Fossil Fuels Divestment

Your faithful correspondent last week exposed the fossil-fuel divestment endgame of religious shareholder activists. As You Sow President Danielle Fugere sees her group’s activities as awareness-raising exercises for climate change, but AYS’s alignment with environmentalist and divestment firebrand Naomi Klein suggests they’d settle for nothing less than nationalizing oil companies. Continue Reading...

ICCR’s Political Spending Hypocrisy

Now that the midterms and 2014 shareholder proxy resolution thankfully are in our rearview mirror, we can pick through the claims of the progressive religious groups such as those affiliated with the Interfaith Center on Corporate Responsibility. Continue Reading...

Wanted: Code of Shareholder Ethics

With the mountain of books and articles that have been written about business ethics, one wonders why nothing much has been written on what we might call shareholder ethics. I’m thinking of religious shareholder activists such as As You Sow and the Interfaith Center on Corporate Responsibility. Continue Reading...

‘The Holy War on Corporate Politicking’

Acton’s president and co-founder, Rev. Robert Sirico, recently wrote a piece for Real Clear Religion about corporations and social justice activism. He warns that the religious left’s attempts to stifle free speech in corporate boardrooms  would certainly negatively impact our political life. Continue Reading...

Shutting Down ALEC Stifles Free Speech

The 2014 proxy shareholder season is over, and left-of-center religious investment groups such as the Interfaith Center on Corporate Responsibility and As You Sow are crowing about victories and announcing their plans for next year. Continue Reading...

Chevron, Ecuador, and the Interfaith Rush to Judgment

In 2005, religious shareholder activists of various stripes jumped aboard the bandwagon filing resolutions against Chevron for an environmental disaster it allegedly caused. Chevron asserted its innocence, but the activist shareholders put the squeeze on: Chevron’s Ecuador environmental disaster, considered by experts to be the worst oil-related ecological problem on the planet and currently the subject of a high-stakes law suit estimated to cost the company upwards of $6 billion, will be high on the agenda of the company’s 2006 annual shareholder meeting with the filing of three new resolutions asking Chevron’s management to take various steps to protect human rights, the environment and shareholder interests. Continue Reading...

Religious Shareholders’ PAC Hypocrisy

Shortly after filing my blog yesterday, the New York Times’ David Firestone added another wrinkle. It seems liberal billionaires also contribute millions of dollars to voice their strongly held beliefs regarding climate change: Those who are worried about man-made climate change might be tempted to welcome the news that Tom Steyer, a Democratic billionaire, will spend $100 million this year to fight it. Continue Reading...