Office of Faith-Based Investing and Corporate Engagement

Effecting change from inside the corporate tent

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.”

PC(USA) celebrates 50 years of Mission Responsibility Through Investment

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.

An engaging approach

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.

PC(USA) partner sues to protect shareholder rights

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.

Faith-based responsible investment committee having successful proxy season

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. 

Between GAs, responsible investment committee continues to evaluate companies

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.

New faith-based investment chair focusing on people

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.