We frequently correspond with or enter into direct dialogue with companies on issues of concern to our participants. Over the past five years, we have entered into some 85 dialogues with companies whose shares we invest in. Whether the issue is greater diversity on corporate boards, excessive executive compensation, stronger environmental reporting or improved working conditions at overseas factories, we find that meaningful dialogue can help persuade companies to improve their practices and performance, and become better corporate citizens.
In order to advance our work, we collaborate with other socially responsible investors – including socially responsible mutual funds, pension funds, foundations and other investor groups. One of the most important groups we collaborate with is the Interfaith Center on Corporate Responsibility (ICCR), an ecumenical coalition of over 300 faith-based institutional investors working collectively for social change. Our work with ICCR and other partners allows us to coordinate strategies, exchange ideas and leverage our influence with companies whose policies we are trying to change.