Menu

In the News

/In the News

2018

10/18/18 – Global Sisters Report – Sanctuary ministry that has aided thousands of immigrants needs new home

For more than three decades, the subterranean level of Trinity United Methodist Church in Berkeley, California, is the place the East Bay Sanctuary Covenant has called home. Its simple red door at the bottom of a stairway has been the gateway to safe and secure passage into the United States for thousands of immigrants and refugees.

The lighting is poor, the floors cracked and peeling. The corridors, which feel like dungeons, lead to tiny offices, many of them windowless.

Yet despite its rundown environs, Franciscan Sr. Maureen Duignan, the organization’s executive director, is deeply worried the program may soon lose this space.

“The church is slated to be sold to a developer,” Duignan told GSR. “The plan is for the entire building to be razed to make room for a new housing complex.”

Since 1982, the East Bay Sanctuary Covenant has been providing protection, advocacy and support to refugees and undocumented immigrants. The program works with the most marginalized populations fleeing violence and persecution, including unaccompanied minors, members of the LGBTQ community, and victims of torture, domestic violence and female genital mutilation.  Read more

10/5/18 – BNN Bloomberg – Unswayed by Nuns, Wells Fargo Hands Gunmaker New Line of Credit

(Bloomberg) — Wells Fargo & Co. is doubling down on the gun industry, undaunted by criticism of its deep ties to firearm companies and the National Rifle Association.

The San Francisco-based bank last week issued a $40 million line of credit to gun manufacturer Sturm, Ruger & Co., according to financial filings. That’s on top of the $431 million in debt that Wells Fargo has arranged for gunmakers since December 2012, when the Sandy Hook school shooting escalated the gun control debate. No other bank lent more to the industry over that time, according to data compiled by Bloomberg.

The new debt, issued to one of the world’s largest publicly traded gunmakers, came as a big surprise to at least one group: nuns who had been talking to Wells Fargo about corporate-responsibility issues. On Sept. 26, the day before the debt agreement was issued, they had met with the bank’s business-standards employees in New York.

“This is shocking news because we are in sustained dialogue with Wells Fargo,” said Nora Nash, a sister at St. Francis of Philadelphia who was at the meeting as a member of the Interfaith Center on Corporate Responsibility. “This new business relationship with Sturm Ruger is in direct conflict with ethics, culture and respect for human rights throughout the company.”  Read more

10/5/18 – San Francisco Cronicle – Wells Fargo makes another big gun loan

Wells Fargo is expanding its commitment to the gun industry, undaunted by criticism of its deep ties to firearm companies and the National Rifle Association. Read more

6/29/18 – The News Herald – Operation ‘Shake it up’: VBS kids reach out to military

PANAMA CITY — “Shipwrecked” Vacation Bible School at St. Dominic Catholic Church shakes things up this summer with five days of fun — and its tradition of giving back to the U.S. military overseas.

St. Dominic’s 15th annual VBS is Monday through Friday, June 25-29, from 9 a.m. to 12:30 p.m. at the church, 3308 E. 15th St. “We had to extend it half an hour; we just couldn’t get everything done,” said Sister Jean O’Connor, Religious Education director.  Children from preschool through fifth grade are invited, regardless of church affiliation or religion. The program has grown from 65 to 150 students.  Read more

6/21/18 – Barron’s – Investors Grapple With the Immigration Crisis

Sustainable investors, playing the long game, are engaging with companies to strengthen human-rights practices even after the Trump administration decided to rescind its executive order to separate migrant families at the border, deciding to keep families together in custody.

Sister Nora Nash, who oversees retirement funds for the Sisters of St. Francis of Philadelphia, told Barron’s that she is working with JPMorgan Chase (JPM) and Wells Fargo (WFC), “financial institutions who support legislation on human rights, and asking them to do due diligence on financing prisons.” Earlier this week, Nash says, she had written half a dozen companies, including the two banks, “to ask their CEOs to address the issue at the border.” Read more

5/28/18 – Philadelphia Business Journal – Why is Wells Fargo afraid of this nun?

Sister Nora Nash is part of a collection of disruptors shaking up the banking and finance industry in Greater Philadelphia

Whether advocating for cleaner drinking water, keeping families in their homes, improving working conditions or seeking more transparency from management, you will not find a less likely, or more effective, change agent in corporate America than Sister Nora Nash.

As director of corporate responsibility for the Sisters of St. Francis, an order of about 400 Roman Catholic nuns in Delaware County, Pa., she spends much of her time coaxing conglomerates to behave in a more ethical manner.  Read more

5/22/18 – Commonweal Magazine – Traditional Disobedience: Renewing the Legacy of Catholic Activism

hen forty Catholics holding rosaries were handcuffed and led away by police at the U.S. Capitol in late February during a protest to show support for young undocumented immigrants facing deportation, Bishop John Stowe of Lexington, Kentucky, prayed over the demonstrators.

“I ask God’s blessing upon those who are acting in civil disobedience, part of a longstanding tradition of not supporting unjust laws,” the bishop said as television cameras angled in and congressional staff watched from the rotunda balcony in the Russell Senate Office Building. Read more.  Sr. Marie Lucey was one of those demonstrators

5/9/18 –NY TimesSturm Ruger Shareholders Adopt Measure Backed by Gun Control Activists

Sturm Ruger, one of the country’s largest firearms makers, had urged shareholders for weeks to reject a proposal from a group of Roman Catholic nuns demanding more transparency from the company on whether it planned to develop safer products and monitor the ones already in circulation.

But when the votes were counted at the company’s annual meeting on Wednesday, a majority of investors sided with the nuns.

Ruger, which makes a variety of weapons, including a style of rifle often used in mass shootings, must now produce a report by February on how it tracks violence associated with its firearms, what kind of research it is conducting related to so-called smart gun technology and its assessment of the risks that gun-related crimes pose to the company’s reputation and finances. Read more

5/9/18 –CNBC–Sturm Ruger shareholders approve proposal for gun-maker to report on risks of its business

A group of nuns and other faith-based investors won a shareholder vote at Sturm Ruger & Co. requiring one of the nation’s largest gun-makers to prepare a report about the risks of its business.

Ruger’s CEO, Christopher Killoy, said at the company’s annual meeting on Wednesday that the company will comply and prepare the report. “Shareholders have spoken,” he said.

But, he added, the winning proposal “cannot force us to change our business,” and “cannot change what Ruger is about and what we stand for.”  Read more

4/25/18 –CNBC–Trinity Health and Other Investors Caution Smokefree Disney on Purchase of “Tobacco-Contaminated” Fox Movies

Investors have made public a letter sent to Disney CEO Robert Iger before the company’s March 2018 annual meeting in Houston pressing Disney to protect young audiences from exposure to on-screen tobacco when it acquires Fox’s large film library. Fund managers note that future marketing of these films may be affected by the World Health Organization (WHO) Framework Convention on Tobacco Control, a global health treatyratified by 181 parties.

In their letter to Mr. Iger, forty-six religious and secular investors organized by Trinity Health and Sisters of St. Francis of Philadelphia congratulate The Disney Company for its “good faith” in honoring its own tobacco depictions policy. But they warn, “…amid the myriad details involved in a corporate acquisition of this size and complexity, Disney cannot afford to leave young people’s health and lives unprotected.”   Read more

4/25/18 –The NY Times–There’s No Smoking in Disney Films. What About When It Owns Fox?

Add cigarettes to the list of things that the family-friendly Walt Disney Company has to figure out as it prepares to integrate the sharper-edged 20th Century Fox movie and television studio. Now antismoking advocates want Mr. Iger to extend that rule to all future youth-rated films (G, PG, PG-13) made by Fox and its Fox Searchlight specialty label, which are among the assets that Disney is buying from Rupert Murdoch for $54.2 billion.   Tom McCaney, associate director of corporate social responsibility for Sisters of St. Francis, an activist order helping to lead the antismoking effort, said that Disney’s response to the letter was unsatisfactory. “Disney told us it wasn’t appropriate to discuss until the Fox deal goes through,” Mr. McCaney said. “We disagree.”  Read more

4/22/18 –CBC Radio–Meet the nun who pushes corporations to be socially responsible

​Sister Nora Nash is the director of corporate social responsibility at the Sisters of St. Francis. The order owns shares in a number of different corporations, which allows them to come to their annual general meetings and submit shareholder resolutions.

“We are responsible investors. That means we seek social as well as financial returns on our investments,” she says.  Read/Listen

4/22/18 –Des Moines Register–Wells Fargo faces shareholders in Des Moines in wake of record $1 billion penalty

Rocked over the past two years with revelations of customer fraud and abuse, Wells Fargo has been working to restore trust — with customers, shareholders, employees and, possibly most importantly, regulators.

Last week, as federal regulators slapped Wells Fargo with a record $1 billion fine, CEO Tim Sloan told investors the bank has more work to do.

“It will take time to put all our challenges behind us,” Sloan said. “But our board and company have made significant progress.”  Nora Nash, a member of the Sisters of St. Francis of Philadelphia and part of a Wells Fargo stakeholder advisory board, said bank leaders can go a long way to re-establishing her order’s trust with a “transparent and honest report” on its reforms at Tuesday’s meeting.  Read more

4/2/18 –The Dialog– Sister Jean Rohe, teacher of generations, celebrates 100

Over the course of her ministry in education, Sister Jean Clare Rohe spent 27 years in the Diocese of Wilmington. What makes that extraordinary is that her first assignment in the diocese began in 1938, and her final one concluded in 2004.

Sister Jean’s three assignments in Wilmington are just a part of what she has accomplished in her first century. She turned 100 on March 12, “a simple farm girl that made good,” she said a few days before the big one. Her congregation, the Sisters of St. Francis of Philadelphia, celebrated at Assisi House in Aston, Pa., with a day that included Mass in her honor and a party that brought together some 65 family members and friends. Read more

3/26/18 –BusinessEthics.com – In Search of Corporate Values: Wells Fargo Agrees to Listen to Stakeholders

Merck CEO Kenneth Frazier recently said in an interview, “There are lots of examples of companies that have lost their souls, which is a funny word to use, but companies do have souls.”

Consider the implications when leaders believe their company has a soul; how that impacts their wanting to be more vigilant against causing harm or ethical meltdowns. When leaders see their company as an organization of stakeholders that bring life to a corporate structure, it isn’t enough to just correct ethical failings. The culture also needs to be healed: a touch-and-go process when its immune system has been shut down. Read more

3/8/18 – Fed up nuns made Wells Fargo write a paper on how it failed to prevent its scandals

The Charlotte Observer –  It’s not your typical homework assignment: A group of nuns upset about the spate of scandals at Wells Fargo just got the bank to agree to write up how it failed to prevent the problems.

This week, the nuns and other Wells Fargo investors announced the bank had bowed to their demands for the report, whose findings are expected to detail the root causes of the scandals, including at the board level.

“We are encouraged that they are finally agreeing to take this first step towards what we hope will be authentic reform,” Sister Nora Nash, of the Sisters of St. Francis of Philadelphia, said in a statement.  Read more

Other related articles:

3/6/18 – Catholic nuns push Wells Fargo to identify ‘root causes’ of scandals

Financial Times –  Roman Catholic nuns have pushed Wells Fargo to publish a report on what caused the scandals that have rocked the US bank after they raised concerns about its ethics with Tim Sloan, chief executive. Sister Nora Nash with the Sisters of St Francis of Philadelphia, who led the initiative, said on Tuesday that it had been a “little bit of a struggle” to persuade the bank to conduct the review but she was “most grateful” it had now agreed. Wells, the third-biggest US bank by assets, said on Tuesday that it would publish a standards report that would identify the “systemic cultural and ethical root causes of recent scandals”.  Read more

3/6/18 -Wells Fargo Pushed by Nuns to Report on Its Ethical Lapses

www.bloomberg.com –  Wells Fargo & Co. agreed to publicly report on the root causes that led to a rash of ethical lapses in recent years, a group of investors said.  The group, led by the Interfaith Center on Corporate Responsibility and including about 20 religious organizations as well as state officials from Rhode Island and Connecticut, said Tuesday they would withdraw a shareholder proposal on the issue following the bank’s decision. They had sought to put it to a vote at the lender’s annual meeting in April.  Read more

2/9/18 -Giving Voice 20’s and 30’s Retreat: Cultivating Courageous Hope

GivingVoice.org – Sr. Maria (Peaches) Dela Paz, OSF

When I was told by my novice director this past October that I would have the opportunity to attend the Giving Voice 20s and 30s retreat in January, I was filled with gratitude for the support of my congregation. I was also excited to finally connect faces with the names I had read on the Giving Voice e-newsletter and seen photos of in the Giving Voice Facebook group. I looked up to these young women during my own discernment of religious life, thinking to myself – Young women in religious life really DO exist!  Read more

2/9/18 – Downsizing national parks erases American history

Catholic Philly.com – A commentary by Sr. Kathy Dougherty, OSF.

Recently President Trump ordered the reduction in size of two important national monuments in Utah — Bears Ears and Grand Staircase-Escalante.

On many levels, his actions serve only to disconnect us from each other and from the land itself. Our system of national monuments helps us not only to care for creation, but also to care for each other by lifting up the stories embodied in the land. History books may contain words, but national monuments are the direct experience of our collective narratives. Read more.

2/14/18 – Shareholder Resolutions On Opioid Risks Scheduled For Vote At Amerisource Bergen

ValueWalk–  Proposal No. 8, The Board Report Proposal, requesting a report on how the board is addressing opioid-related business risks submitted by the Sisters of St. Francis of Philadelphia, Trinity Health, JLens Investors Network and Missionary Oblates OIP Investment Trust. Read

2/14/18 – Shareholder Resolutions On Opioid Risks Scheduled For Vote At Amerisource Bergen

ValueWalk–  Proposal No. 8, The Board Report Proposal, requesting a report on how the board is addressing opioid-related business risks submitted by the Sisters of St. Francis of Philadelphia, Trinity Health, JLens Investors Network and Missionary Oblates OIP Investment Trust. Read

1/9/18 – Investors Opposing Virtual Shareholder Meetings Notch Wins

Bloomberg.com – Shareholders demanding face time with corporate boards and senior managers are starting to get their way.  The Council of Institutional Investors, which represents managers who oversee more than $3 trillion combined, started a campaign against virtual-only meetings last year. ConocoPhillips’s future annual meetings “will be held in-person with internet availability,” the company said last month in a letter to the Sisters of St. Francis of Philadelphia, which objected to the online-only format. Read more

2017

12/25/17 – ‘The Sultan and the Saint’ tells of breaking down the unknown

National Catholic Reporter – What impact can one encounter make? While details are scarce about the meeting between St. Francis of Assisi and Sultan Malik al-Kamil of Egypt in the 13th century amid the Fifth Crusade, it has become an important symbol of interfaith dialogue and the pursuit of peace, even in the midst of great conflict.The historic meeting of the two faith leaders will receive a fresh look Dec. 26 on PBS, at 8 p.m. Eastern, in the new docudrama “The Sultan and the Saint,” which blends scholarly, documentary-style interviews with dramatic reenactments of the story and with Academy Award-winning actor Jeremy Irons as narrator.

A regular presence at many of the screenings throughout the country in the past year was Franciscans. The Franciscan Action Network worked closely with Unity Productions Foundation in promoting the film, and several communities of Franciscan sisters assisted with some of the documentary research.  “In this time, in this climate, in our country — in the world, actually — but in our country of rising Islamophobia, we thought it was very important for Franciscans and other Christians to learn more about true Islam and its commitment to peace,” Franciscan Sr. Marie Lucey, associate director of Franciscan Action Network, told NCR.  Read more

12/21/17 – Wells Fargo Launches Stakeholder Advisory Council

Pensions & Investments- Wells Fargo & Company (WFC) today announced the launch of a Stakeholder Advisory Council, which was formed to provide insight and feedback to the company’s Board of Directors and senior management from a stakeholder perspective. The council’s focus will be to deepen the company’s understanding of important current and emerging issues relevant to the company and its stakeholders, including serving the financial needs of underserved communities, diversity and social inclusion, and environmental sustainability. Sr. Nora Nash has been named a council member.  Read more

12/18/17 – Clergy to GOP Reps:  Vote No on Tax Bill

Delaware County Times – Clergy and members of Philadelphia Organized to Witness, Empower and Rebuild (POWER) traveled to the offices of U.S. Reps. Mike Fitzpatrick, R-8 of Levittown, Ryan Costello, R-6 of West Goshen and Pat Meehan, R-7 of Chadds Ford delivering a message to the GOP congressmen to vote against party lines.  Read more!

12/18/17 – Sister act: how a Philadelphia nun faced up to Wall Street

The Guardian – Sister Nora Nash regularly meets with CEOs of big banks, arms makers, and tobacco giants, using her order’s position as a shareholder to fight for change.  As director of the corporate social responsibility office for the Sisters of St Francis of Philadelphia, an order of about 160 Roman Catholic nuns located south-west of the city, Nash has worked for years to get the hundreds of companies that populate the nuns’ bulging stock portfolio to behave better.  Read more!

12/1/17 – Religious Leaders Reject GOP Tax BIll, Call for ‘Faithful Budget”

National Catholic Reporter – Interfaith leaders convened on Capitol Hill Thursday to call attention to the enormous harm the proposed Republican tax bill will cause to poor and middle-income Americans. Several Franciscan sisters watched in support of their colleague Patrick Carolan, executive director of the Franciscan Action Network, who was also arrested. We’re hoping to change hearts,” Carolan said.

Franciscan Sisters Marie Lucey and Maria Orlandini, holding signs that read “Franciscans say no to tax bill,” lamented how passage of the bill would affect their ability to support the poor. “It involves so many the things we care about,” said Lucey. Read More.

11/17/17 – Investors to Congress: Bipartisan Dream Act is Both a Business and Moral Imperative

ICCR – A group of 112 institutional investors representing hundreds of billions of dollars in assets and led by the Interfaith Center on Corporate Responsibility (ICCR)–including the Sisters of St. Francis–announced that they have sent a letter to Congress requesting immediate action on the Dream Act of 2017 (H.R. 3440, S.1615), a “clean”, bi-partisan bill unfettered by other amendments, that protects the immigration status of recipients of the Deferred Action for Childhood Arrivals (DACA) program.  Read More

11/7/17 – Family Rallies for Chester man imprisoned 37 years for murder he says he did not commit.

Philadelphia Inquirer/Philly.com – Several women (including our Sisters Jean Rupertus and Maggie Gannon) affiliated with local religious orders also were present Tuesday. They said they were moved by Evans’ ability to forgive. Read more.

11/6/17 – CCHD grants help empower East Bay groups

The Catholic Voice – Sister Maureen Duignan, OSF, executive director of the East Bay Sanctuary Covenant was presented the Lifetime Achievement Award by the CCHD Local Committee during the luncheon. Established in 1982 by five Berkeley churches, the EBSC has been helping asylum seekers, refugees and undocumented minor children with housing, employment, educational and medical needs. The organization has provided legal help for the “dreamers” and has provided scholarships and other forms of support to immigrants and refugees from Haiti.  Read more!

10/25/17 – Corporate Secretary:  Nuns battle online-only AGMs

Sisters of St Francis of Philadelphia file resolutions with ConocoPhillips and Comcast

The Sisters of St Francis of Philadelphia, known for their work with the poor and elderly and giving a voice to those who usually go unheard, are taking their work to Wall Street by campaigning against online-only shareholder meetings.

The order of more than 400 Catholic nuns have filed resolutions with ConocoPhillips, the oil group, and Comcast, the telecoms company, over their decisions to abandon physical AGMs for shareholders, Corporate Secretary sister publication IR Magazine reports.

The nuns want businesses to reintroduce face-to-face meetings with direct access to boards alongside virtual events.

The ConocoPhillips resolution has been co-filed by the Church of the Brethren Benefit Trust, which oversees the retirement income of pastors and members of the Brethren community, and the Needmor Fund, a social justice organization.  Read more

9/23/17 – URGENT:  There’s a new Obamacare repeal bill in the senate.  (YES, AGAIN!)  Call your senators at (202) 224-3121 and tell them to save our healthcare.

The Senate-Cassidy Graham Bill

There would be NO guarantee of coverage for people with pre-existing conditions. Each state that accepts federal block grant funding could waive the ACA’s rules for covering the 10 essential health benefits and other consumer protections. Insurers could take health status into account and raise rates for people with pre-existing conditions. (Note: Pennsylvania already has not been able to pay Medicare $1.2 billion.)

This Jimmy Kimmel YouTube video gives clarity to what is happening:

https://www.youtube.com/watch?v=cOlibbx5sx0&feature=youtu.be

https://www.nytimes.com/2017/09/20/us/politics/insurers-oppose-obamacare-repeal.html?emc=eta1

Call your senators today!

8/10/17 – Tacoma breaks ground for the first free-standing rehab hospital west of the Cascades.

University Place Press – Ketul J. Patel, chief executive officer of CHI Franciscan Health, did thank all of the attending Sisters of St. Francis for having a big hand in developing the reality of this new rehabilitation hospital.  Patel said the sisters have helped CHI Franciscan Health enter into new markets, new programs and new services throughout Puget Sound.  Read more.

6/23/17 – Dollar Tree says it’s protecting consumers from toxic chemicals. Group wants proof.

pilotonline.com – A group of consumer advocates and a Catholic nun well known for encouraging corporations to behave want the Chesapeake-based retailer to prove it, especially as it relates to keeping harmful phthalate chemicals – often used to make plastics soft – lead, BPAs and other toxic materials out of children’s toys and products.  “We’re not getting any data that tells us they’re doing any work,” said Sister Nora Nash with the Sisters of St. Francis in Philadelphia.  Read more.

6/7/17 – Local Investors Both Large and Small Vote for ExxonMobil Climate-Change Analysis

PIVOT.Today – The resolution originated from members of the Interfaith Center on Corporate Responsibility like the Aston-based Sisters of St. Francis of Philadelphia, which voted on behalf of its 5,900 shares. Malvern’s Vanguard, meanwhile, also voted on behalf of its 299 million shares, or seven percent of all ExxonMobil shares.   Read more.

6/7/17 – Comcast’s 2nd Virtual Shareholder Meeting Gets Poor Reviewed from Activists

Philadelphia Inquirer/Philly.com – The Friends Fiduciary is part of a coalition, with the Sisters of St. Francis religious order, that filed a shareholder resolution seeking Comcast to more fully disclose its “grassroots” lobbying expenditures. Comcast says it discloses millions of dollars in lobbying expenditures and has recommended that shareholders vote against the resolution.  Read more.

6/1/17 – Vanguard, Philly Nun Press ExxonMobil to Adopt New Climate Change Practice

PhillyMag.com – Among the shareholders who cast the historic vote is Malvern-based mutual funds giant Vanguard, according to the Washington Post. And as the Inquirer reports, Sister Nora Nash, director of corporate responsibility for the Sisters of St. Francis of Philadelphia also had a hand in steering the vote against ExxonMobil management.
Read more.

5/31/17 – ExxonMobil Shareholders Vote ‘Yes’ on Climate-Change Analysis, including Vanguard

The Philadelphia Inquirer – Fewer have likely heard of Sister Nora (Nash). She’s no ordinary nun — she is director of corporate responsibility for the Sisters of St. Francis of Philadelphia.”  Read more.

3/30/17 – Sister Dolora Taylor is the ‘heart and history’ of Immaculate Conception School

The Baltimore Sun – “I love that little nun.” That’s how Immaculate Conception School principal Madeline Meaney describes her affection for Sister Dolora Taylor of the Sisters of St. Francis of Philadelphia. Taylor, who is 84 years old and four-feet ten-inches tall, recently celebrated her 20th year working as a record keeper at the Catholic school in downtown Towson. Read more.

3/20/17 – Wells Fargo Books Plush Resort for Company Meeting – and Some Shareholders Aren’t Happy

The Charlotte Observer – This is an indication that the company didn’t assess the value of being more humble in light of the scandal and are asking shareholders to find a place to stay that is off the beaten path because they don’t want to be exposed to protesters,” said Sister Nora Nash, a nun with the Sisters of St. Francis of Philadelphia, which owns Wells Fargo shares. Read more.

3/20/17 – PETA Buys Stock in Canada Goose to Protect Use of Down and Fur

TriplePundit Religious orders, including the famous Sisters of St. Francis of Philadelphia, have long used stock purchases to influence corporate policies through the power of shareholder resolutions. Long an irritant to many public company executives and directors, the Sisters of St. Francis most recent quest was the filing of proposals ahead of Wells Fargo’s annual shareholders meeting. The order’s nuns asked for more accountability from the company after a year of scandals rocked the bank, from allegedly bending military laws to the 2 million “fake accounts” fiasco. Read more.

3/17/17 – Wells Fargo Leaders Reaped Lavish Pay Even as Account Scandal Unfolded

NY Times Wells Fargo and its leaders have expressed much contrition about the bank’s misdeeds, which included setting up as many as 2 million bank accounts without customers’ consent. Top executives have surrendered more than $90 million in compensation, fired employees at all levels and vowed to clean house. Read more.

3/16/17 – Wells Fargo shareholders call for a new, broader probe into the bank’s accounts scandal

LA Times – The Sisters of St. Francis of Philadelphia are disappointed that the Wells Fargo Board recommended a vote against our resolution requesting a Business Standards Review. Read more.
Fortune.com – Wells Fargo ‘s board of directors awarded Chief Executive Timothy Sloan $12.8 million for his work last year, a 17% increase.  Read more.
Pensions and Investments – Wells Fargo is asking investors to vote against a pension fund-led shareholder proposal that calls for a comprehensive report from the bank on its retail banking sales practices. Read more.

3/16/17 – Spokane Guilds’ School agrees to buy former St. Joseph Property

Spokane Journal –  Nonprofit expects to develop $15 million facility on property in U District – Read more.

3/7/17 – At Neumann University:  Tea and Franciscan identity

Global Sisters Report – When Neumann University‘s Marguerite O’Beirne was pondering the best way to engage her campus community in informal conversations about Franciscan identity, perhaps it’s no surprise that her mind went to tea.  Read more.

2/27/17 – Light of Convent Shines on New Thrift Shop in York (PA)

York Daily Record – The light of an old convent fills the new location of St. Mary’s Thrift Shop in York. That light is filtered through the stained glass windows that once surrounded the Sisters of St. Francis of Philadelphia in their home at 26 East College Avenue.  Read more.

2016

12/10/16 – Where Wells Fargo Goes From Here

Business Ethics – Why has it been so difficult for a values-driven shareholder investor group with over $200 billion in invested capital to persuade a bank now dealing with a very public ethics crisis to do some structured self-examination? The bank ranked lowest in responsible lending and risk management in the shareholder group’s 2013 survey of seven largest banks. Nevertheless, it has repeatedly resisted the request to do a business standards review. These shareholders believe the bank can do a better job aligning business practices with its stated ethics principles.

So, for the third time, the Financial Services Working Group of the Interfaith Center for Corporate Responsibility (ICCR) has submitted to Wells Fargo a shareholder resolution asking for a business standards review report; the resolution is intended to be voted on at the bank’s April 2017 shareholder meeting. Read more.

10/10/16 – Religious activist investors push Wells Fargo over fake accounts scandal

Philadelphia Business Journal – Philadelphia, PA – A group of nuns and religiously-affiliated investors want Wells Fargo & Co. to disclose more about why employees opened millions of accounts without customers’ permission. Read more.

10/8/16 – St. Joseph’s and CHI Franciscan draw from past to guide future

The News Tribune – Tacoma, WA – Ketul Patel answers to a higher power. The Sisters. They’re the ones who hired the CHI Franciscan CEO 19 months ago. And their vision is what guides him today. “One of the things that drew me here is the passion that our sisters have for what we’ve become over the past 125 years,” Patel said during a recent interview in his downtown office. Read more.

10/6/16 – Author Frida Berrigan encourages “modest work” in wake of election

National Catholic Reporter – Silver Spring, MD – Our Sister Marie Lucey was one of two local peacemakers honored at a Pax Christi group.  Read more.

9/16/16 – Fig Tree Articles – St. Joseph Family Center to Close

The Fig Tree – Spokane, WA – Franciscan sisters close counseling center  Read more.

9/12/16:  Bishop Invites Men and Women in Religious Life to October 8 Convocation.

The Monitor – Trenton, NJ – Our Sister Anne Amati will present reflections on Mercy.  Read more.

8/31/16 – Franciscan Sister Makes Big Imprint on Tiny Steps

The Dialog – Wilmington, DE – Read about our Sister Elise Betz.  Read more.

8/11/16 – Shareholders, consumer groups press KFC on antibiotics use

Meat+Poultry – Oakland, CA – Two shareholders of Yum! Brands stock filed a proposal urging the owner of KFC, Pizza Hut and Taco Bell brands to quickly phase out meat and poultry sourced from animals given antibiotics. Oakland-based As You Sow and the Sisters of St. Francis of Philadelphia co-filed the proposal on Aug. 9.  Read more.

8/1/16 – Neumann President Dr. Rosalie Mirenda retiring

Delco Times – Aston, PA –  Dr. Rosalie M. Mirenda, Neumann University’s longest-serving president, will retire on June 30, 2017, the lifetime educator announced in a letter to the school community Monday. Read more.

5/25/16 – St. Francis House director honored for humanitarianism

The News Tribune – Puyallup, WA – Sister Pat Michalek, executive director at the St. Francis House, was recently awarded the Melvin Jones Fellowship Award by the Puyallup Lions Club for her work in the community. Michalek’s parents, Doris and Stan Michalek, started the Puyallup St. Francis House in 1974. Read more.

5/23/16 – Sisters lead the way in mission investing that influences corporate policy and advances social good

Global Sisters Report – ” . . . Sr. Nora Nash is the director of corporate responsibility for the Sisters of St. Francis of Philadelphia, who say they were among the first congregations to establish a policy on these types of alternative investments. Their work in the area began in 1985 and now includes aspects such as investing in the Disability Opportunity Fund, which finances organizations serving the disability market, focusing on affordable housing, schools and vocational training centers.” Read more.

5/4/16 – Alliance of moms, religious groups criticizes efforts to block new oil and gas rules in PA.

Newsworks – It might seem like an unusual alliance, but leaders on both sides of the abortion debate are teaming up behind a common cause: more regulations on oil and gas drilling in Pennsylvania. “We are living in a very toxic community, a community and a state that allows communities to be exposed  to wells, compression stations, pipelines, distribution stations, methane leaks and other greenhouse gas emissions,” said our Sister Nora Nash. Read more.

3/7/16 – St. Francis de Sales school demise grieves all ages

Delco Times – Aston, PA – Four years ago, St. Francis de Sales Grade School in the Lenni section of Aston was granted a reprieve after members of the Archdiocese of Philadelphia’s Blue Ribbon Commission recommended it close and students attend St. Thomas the Apostle Grade School about 2 miles away in Chester Heights.

A “Save Our School” committee was successful in its appeal to Archbishop Charles Chaput to keep the school, established in 1895 by the Sisters of St. Francis of Philadelphia, open. Read more.