Sisters of Mercy

May 12, 2016

ICCR’s Rules for Radical Nuns

What is it with nuns crusading against corporate lobbying? This fad of recent years has grabbed headlines as orders such as the Sisters of Mercy and the Benedictine Sisters of Virginia gravitated toward political actions as members of shareholder activist group the Interfaith Center on Corporate Responsibility. Continue Reading...

December 14, 2015

Sanctimony Vs. Science

If one were to pinpoint the epicenter of sanctimonious behavior the past two weeks, he or she look no further than Paris. The United Nations Framework Convention on Climate Change (UNFCCC, or COP21) has been a magnet for shareholder activists, nuns, clergy and other religious intent on furthering agendas ostensibly geared toward mitigating manmade global warming, but in reality promote hardship and energy poverty across the economic spectrum. Continue Reading...

October 14, 2015

Religious Shareholder Activism an Inside Job to Harm Companies and Investors

The Manhattan Institute Centers’s “Proxy Monitor Season Wrap-Up” is hot off the press, and the findings presented by author James R. Copland, are remarkable. Since 2011, MIC has monitored shareholder activism, which it describes as efforts “in which investors attempt to influence corporate management through the shareholder-proposal process.” Continue Reading...