SRI In the News

SunTrust Bank to Stop Financing Private Prisons

July 8, 2019

New York, July 8, 2019 – United Church Funds, a leading provider of investment management to churches and faith-based organizations, commends SunTrust Bank for its decision to stop future financing of the private prison and detention industries.

 

UCF Celebrates Bank of America’s Decision to Stop Financing Private Prisons

June 27, 2019

Just days after General Synod decried the private prison industry, United Church Funds is celebrating its part in the decision Bank of America has made to stop its financing of the industry.

 

UCF Leads a Resolution that Generates 79.7% Support from Shareholders

May 22, 2019

United Church Funds (UCF) is celebrating the very successful campaign at pharmaceutical company Mallinckrodt, where a resolution that UCF sponsored on lobbying disclosures generated 79.7% support from the company’s shareholders.

 

How ESG Investing Helps Address the Opioid Crisis

April 5, 2019

The 24th General Synod in 2003 noted that “the emphasis of the United States’ war on drugs continues to be on the production and supply of illegal substances rather than focusing on the demand for drugs in our own land;” … Continue »

 

UCF Applauds Mallinckrodt for Important Step

April 5, 2019

Mallinckrodt plc, a pharmaceutical company with a substantial generics opioid business, is taking the important step of supporting a United Church Funds-led shareholder resolution calling for greater disclosure of lobbying. It is relatively rare for corporations to support shareholder resolutions, … Continue »

 

UCF Calls on All Shareholders to Support Right-Aligning Exec Bonuses Away From Drug Price Hikes

April 3, 2019

In preparation for the upcoming AbbVie annual meeting, United Church Funds is calling on all shareholders in the company to support a proposal UCF filed seeking that the company disclose how they consider the risks of executive incentive plans being … Continue »

 

Inquiring Minds Would Like to Know…

February 27, 2019

United Church Funds supports the Senate Finance Committee’s Drug Pricing Hearing yesterday because Americans can no longer afford to put their health at the expense of an unsustainable business model. In particular, we celebrate Senator Wyden’s line of questioning regarding … Continue »

 

UN Declaration of Human Rights Turns 70

December 12, 2018

United Church Funds joins other members of the Investor Alliance for Human Rights (IAHR) in celebrating the 70th anniversary of the UN Declaration on Human Rights. We are proud to be a member of the IAHR which interprets human rights … Continue »

 

21% of Abbvie Shareholders Favor Report on How Drug Pricing Risks are Integrated Into Exec Incentive Programs

May 4, 2018

At today’s annual shareholder meeting for Abbvie (ABBV) a first-time shareholder proposal questioning the links between executive compensation packages and drug price increases received a solid show of support from investors, signaling to the board of directors that this issue … Continue »

 

SRI Update: Corporate Dialogues and Shareholder Resolutions

March 27, 2018

Socially Responsible Investing (SRI) refers to investment strategies that seek not only to provide financial return but also the process of selecting companies in which to invest in that have sustainable and ethical environmental, social and governance (ESG) practices.

 
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