Rule alterations by the Securities and Exchange Commission on shareholder resolutions will result in higher hurdles for shareholder activists, according to leaders for two faith-based investor groups.
Catholic prelates in West Africa have called for the establishment of “legally binding instruments to regulate the activities of transnational corporations.”
Proposals from the Securities and Exchange Commission would change how small shareholders of corporate stock, such as religious congregations, advocate for human dignity and a safer planet.
The desire for action on preventing more gun violence may face hurdles in Congress, but those pressing for change are having an effect in the corporate boardroom.
Online child sexual abuse is a booming international business and religious congregations holding stocks in major telecom firms are stepping up their advocacy to thwart it.
A campaign by faith-based investors and investment networks, spearheaded by a New York congregation of women religious, led the nation’s largest consumer bank to announce it intended to stop investing in private prison firms.