written by Linda Gaither
The Episcopal Church’s Committee on Corporate Social Responsibility will celebrate 50 years of advocacy in 2021. The committee was created by the Executive Council in 1971 and oversaw the filing of the first ever shareholder resolution by a faith located administration. The resolution requested General Engine to withdraw from apartheid South Africa. Presiding Bishop John Hines personally spoke to the resolution at GM’s annual cros. A video is being prepared that will chronicle the faithful behind-the-scenes work of corporate participation and act for responsible investing over the last 50 times. This is a video that EPF PIN members won’t want to miss! It will be an educational opportunity to learn about the placid, long-lasting operate of voluntary CCSR representatives supported by staff and consultants, who, working with interdenominational friends, producing Gospel importances to the ” worldly ” process of investment.
Since General Convention 2018, CCSR has worked to implement PIN-supported Resolution B0 16: announcing for a Human Rights Investment Screen for Israel/ Palestine thus demonstrating a No-Buy List for religiou speculations, and divestment from fellowships already in the portfolio. B016 was adopted by the 2018 General Convention in Austin, Texas. Harmonizing to the Episcopal News Service: Bishop Dan Edwards of Nevada spoke in favor of B016 before the voting rights, saying it offsets targeted divestment from companies where needed with shareholder activism when that might produce greater develops.” There is a time to disinvest, and there is a time to do stockholder activism ,” Edwards said.” This decide provides for both of those. To do one without the other is to limp seriously .”
Subsequently CCSR prepared and Council adopted the screen in October 2019. As a answer, Council approved divestment from Caterpillar, Motorola and the Israel Discount Bank. Last month, CCSR recommended and the Executive Committee of Council computed Leumi Bank and DXC( formerly part of Hewlett-Packard ), raising to five the companies from which TEC has dispossessed since General Convention 2018 on the basis of human rights violations. Corporate booking with various companionships, including Trip Advisor and Booking.com will be on-going in the coming year. These business advertise in the illegal West Bank Settlements. Engagement involves an interdenominational presence at stockholder engagements, preaching for corporate compliance with international human rights.
The screen was made to apply to human rights issues globally, with specific criteria for Israel/ Palestine. Thus CCSR is challenging companies to observe human rights wherever they control, including Myanmar( on behalf of the Rohingya) and China( on behalf of the members of the Uighur ). Environmental justice and human rights issues often overlap. Currently, a brand-new struggle vis a vis Chevron has risen. Chevron has obtained Royal Energy, manager in gas teaching in the Eastern Mediterranean, including off the coast of Gaza. Correspondence has been is sending out interdenominational proposes to Chevron’s corporate headquarters soliciting further information on its corporate human rights policy.
The work of CCSR demonstrates that the behavior we deal with our coin and financings witness to our ground in the spiritual talents which are ours in Baptism. Among the many talents sacrificed for spiritual discernment, such as teaching, prophecy, and healing, is administration or oversight. Those charged with oversight are called to be exemplary in love. This means that God’s love for Creation must glow forth in all of our decision-making, including the ways we endow our treasure to further our operation. Therefore, attention must be paid to social responsibility in financings. The eventual question faces us: does this investment promote abundant life for all Creation or does it underwrite death-dealing impels that prey on the human community and the natural environment? EPF PIN believes that justice is love in action. We are thankful for the dedicated work of CCSR, putting charity in action over 50 times. We looked forward to receiving celebrating that witness in 2021.
Dr. Linda Gaither is an active member of St. Thomas Episcopal Church in Slaterville Springs, New York. She is a co-chair of the Steering Committee for the Palestine Israel Network, a part of the Episcopal Peace Fellowship.
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