Asked during the most recent edition of “A Matter of Faith: A Presby Podcast” to define “shareholder engagement,” Tim Smith had this succinct answer: It’s “investors taking seriously that they’re partial owners in companies.”
Let’s celebrate 50 years of MRTI!
Half a century ago, Mission Responsibility Through Investment (MRTI) was created in recognition of the church’s unique opportunity to advance its mission faithfully and creatively through the financial resources entrusted to it. MRTI implements the General Assembly’s policies on socially responsible investing (also called faith-based investing) by engaging corporations in which the church owns stock.
This year, in recognition of its 50th anniversary, the team worked diligently to create a resource book, “Reflections on 50 Years of the Presbyterian Church as Investor,” to help document what has been done and help future committee members serve effectively.
The Presbyterian Committee on Mission Responsibility Through Investment foreshadowed its next proxy season Thursday by discussing and approving a new 2022-23 Mission Work Plan.
A half-hour Facebook Live broadcast highlighting Mission Responsibility Through Investment served to both look back at how socially-responsible corporate engagement efforts are helping to reduce climate change and look ahead at what’s in store during the 225th General Assembly.
The Presbyterian Committee on Mission Responsibility Through Investment (MRTI) is part of an investors group that successfully persuaded Tyson Foods to conduct a racial equity audit.
The Interfaith Center on Corporate Responsibility is suing the Securities and Exchange Commission over new rules that would significantly limit the voices of shareholders in corporate governance.
Leaders of the Presbyterian Church (U.S.A.)’s committee on Mission Responsibility Through Investment (MRTI) are hailing the current annual general meeting season as a success and a tipping point for environmental, social and governance shareholder proposals (also called resolutions) going mainstream.
In response to a directive from the 222nd General Assembly, in 2017 the Presbyterian Committee on Mission Responsibility Through Investment (MRTI) established a set of guideline metrics to evaluate companies the committee was engaging with according to General Assembly policy on environmental, social and governance (ESG) issues.
Presbyterian Church (U.S.A.) leadership is part of a new initiative by the Interfaith Center on Corporate Responsibility (ICCR) designed to encourage businesses to push for strong pro-climate policies at the state and federal level.
The Presbyterian Committee on Mission Responsibility Through Investment’s summer 2019 meeting in Detroit included a meeting with activist Emma Lockridge, who was protesting the impact a Marathon refinery had on her neighborhood.