| Marianist Province of the United States Socially Responsible Investing
Actions for 2005-06
The province pursued actions with sixteen different corporations with
whom we are investors in the 2005-06 fiscal year. Again, this activity
was part of our ongoing relationship between the province Office of Peace
and Justice and the Interfaith Center on Corporate Responsibility (ICCR).
Three of the corporations base their operations out of St. Louis (Boeing,
Monsanto and Emerson). Eight others are also based in cities with a Marianist
presence. Our basic strategy is to address a company on issues of their
social responsibility through either dialogue or the shareholder resolution
process. The province co-filed shareholder resolutions with seven companies
on issues ranging from corporate governance, workers rights, and the
environment. The Marianists are the primary filer on a resolution with
Computer Sciences Corporation in California to increase the diversity
on their Board of Directors (all white males). |