Business and faith-based investment groups are suing Texas to stop enforcement of a new law that limits expert advice available to investors. “The plaintiffs are faith-based and nonprofit organizations that, as part of their missions, partner with institutional investors to…
Interfaith Center on Corporate Responsibility celebrates 50 years of faith-based shareholder advocacy
“Sometimes quitting is the courageous act,” said Traci Blackmon. “Sometimes the courage that is needed is to stop doing what is expected in order to start doing what is necessary.” Blackmon, associate general minister of justice and local church ministries…
SEC says ExxonMobil must allow proxy vote on climate change
The Securities and Exchange Commission ruled March 22 that ExxonMobil must allow shareholders to vote on a climate change resolution, pleasing groups that advocate socially responsible investing. The SEC said the company must allow stockholders to vote on a series…