Catholic Responsible Investing℠ (CRI) is our unique approach to socially responsible investing, or SRI, which can mean different things to different people. To some, SRI is purely negative screening, and to others it’s shareholder engagement, ESG (environmental, social and governance factors) integration, positive purchasing or community investing. CRI is designed specifically to help Catholic institutions pursue their missions by seeking to provide sound financial returns while remaining faithful to the ethical and social teachings of the Catholic Church.
Leaders of Catholic institutions believe in the importance of mission. The organizations they lead inspire people to create a world that protects and promotes the God-given dignity and worth of every person. The services they provide, including pastoral guidance, education, healthcare, and charitable services rely in part on financial resources. Ensuring those resources are invested wisely is a critical component to pursuing their mission and achieving their goals.
Catholic Responsible Investing extends a faith-based mission to encompass the management of an investment portfolio — allowing the two to work in harmony. By targeting financial return and social return, fiduciaries can establish a broad vision for an organization’s mission and can demonstrate that all aspects of the organization can be integrated into it.
Since 1981, CBIS has drawn on a diverse range of strategies to implement our leading Catholic Responsible Investing program. We believe a multi-manager, multi-strategy approach allows for the full integration of Catholic ethical and social teachings into our socially responsible approach to investing.
Catholic Responsible Investing Strategies
|Catholic Investing Screens||Corporate Engagements|
CRI Strategy Development Process
“Individual Christians who are shareholders and those responsible within church institutions that own stocks in U.S. corporations must see to it that the invested funds are used responsibly. Although it is a moral and legal fiduciary responsibility of the trustees to ensure an adequate return on investment for the support of the work of the church, their stewardship embraces broader moral concerns.”
— Economic Justice for All, 354