In keeping with Catholic teaching, CBIS through its CRI process takes an active approach to ownership, working on behalf of investors to encourage companies to improve their policies and practices. Shareholder advocacy is assumed to be an essential aspect of CBIS’ fiduciary duty, and beyond reducing investment risk and improving shareholder value, engagement with companies can benefit employees, local communities, and the environment.
CBIS’ Active Ownership Program is shaped by Catholic teaching and leverages a variety of tools to promote human dignity, economic justice, and care for creation:
CBIS believes that Active Ownership is the most effective way to raise awareness and change perceptions in the management suites and boardrooms of national and multinational companies
CBIS has proxy voting guidelines that are regularly updated to address changes in the investor landscape. The guidelines help direct our decision-making process related to core environmental, human rights, and governance issues including climate change, energy efficiency, diversity, employee safety and health, director independence, and excessive compensation. Each year, we vote approximately 30,000 management and shareholder proposals across 3,000 proxy ballots to positively influence the behavior of companies we invest in.
We publish our voting record for all proxies voted by CBIS across all of our investment products worldwide, allowing investors to better understand our voting process and how it aligns with our position on each issue.
CRI and Portfolio Construction
CBIS uses a four-step portfolio construction process.
Our Catholic Responsible Investing Program is an overlay to manager’s process.
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