Why do we invest in this way?
Consistent with our mission and values, we have social, as well as financial objectives for the return on our investments. The social objectives are realized through monitoring the environmental, social and governance performance of corporations; initiating shareholder advocacy actions to address social concerns; and when necessary, divesting from certain segments of business and in certain companies. In addition, investing for community development focuses on economic development and the empowerment of individuals to work for social justice through organizations whose vision and mission is complementary to the vision and mission of the Sisters of St. Francis of Philadelphia.
Adapted from the Congregations’ Investment Objectives
How are these investments selected and monitored?
The CRI (Committee for Responsible Investment) selects applicants whose goals are compatible with the values and mission of the congregation and whose objectives meet several of our social criteria. These are to:
improve the social and economic well-being of low-to-moderate income communities
provide community participation and the possibility of self-determination
have the capacity to complete their projects but have limited or no access to capital
foster equality and justice for all people, particularly women, children, persons of color and persons with disabilities
promote sustainability of Earth and all natural resources
recognize the sacredness of diversity in creation and in all cultures.
Priority is given to applications from geographic areas where the Sisters of St. Francis of Philadelphia and Franciscan Companions minister.
How are these investments allocated?
Potential borrowers must meet certain financial as well as social criteria developed from the congregation’s values, mission, and social concerns.