Benedictine Nuns Engage in Shareholder Activism on ESG Issues

The article discusses the shareholder activism efforts of a group of Benedictine nuns from the Benedictine Sisters of Virginia. These nuns, led by Sister Susan Mika, have been using their shares in publicly traded companies to advocate for environmental, social, and governance (ESG) issues. They have filed shareholder resolutions and engaged in dialogues with companies to push for greater transparency and action on issues such as climate change, human rights, and corporate governance. The nuns believe that their faith calls them to be responsible stewards of God’s creation and to promote the common good. Despite their small stake in these companies, they have been able to influence corporate policies and practices through their persistent efforts. The article highlights the growing influence of faith-based and socially conscious investors in shaping corporate behavior and promoting sustainability and ethical practices.

Source: https://apnews.com/article/catholic-benedictine-nuns-esg-shareholder-activism-e8d8111e8d2c00ced463db40863ec45b