Interfaith Center on Corporate Responsibility

The Interfaith Center on Corporate Responsibility (ICCR) is a coalition of shareholder advocates who view the management of their investments as a catalyst for social change. Its 300 member organizations comprise faith communities, socially responsible asset managers, unions, pensions, NGOs and other socially responsible investors with combined assets of over $200 billion. ICCR members engage hundreds of corporations annually in an effort to foster greater corporate accountability. ICCR's members file shareholder resolutions and engage in dialogue with corporate management on issues such as climate change, human rights - including human trafficking, food safety & sustainability, water sustainability, the affordability of medicines[1], corporate governance, financial practices & risk[2], and other social and environmental concerns. The organization was founded in the 1971.

Members of ICCR

ICCR members include faith communities, asset management companies, labor unions, pension funds, NGOs and college and university endowment funds. Current members include the AFL-CIO Office of Investments, AFSCME, American Baptist Churches, American Friends Service Committee, As You Sow Foundation, Auburn Theological Seminary, Azzad Asset Management, Boston Common Asset Management, Calvert Group, Center for Political Accountability, Domini Impact Investments, Bon Secours Health System, Dreilinden gGmbH, Evangelical Lutheran Church in America, Everence Financial, Friends Fiduciary Corporation, Dignity Health, Green Century, Health Care Without Harm, Mercy Health, Miller/Howard Investments, MSCI, Nathan Cummings Foundation, Newground Social Investments, NorthStar Asset Management, Oneida Trust Fund, Park Foundation, Oxfam, Open MIC, Presbyterian Church (USA), Reform Pension Board (Reform Jewish Movement), SEIU, St. Joseph Health System, SumOfUs, T'ruah, Trillium Asset Management, Trinity Health, the Tri-State Coalition for Responsible Investment, the UAW Retiree Medical Benefits Trust.

Corporate Targets

In any given year, members of ICCR file shareholder roughly 300 shareholder resolutions at hundreds of American corporations across multiple industries. Prominent companies include Amazon, Apple Computer, CVS Health Corp., Chevron, Chipotle Mexican Grill, Disney, ExxonMobil, J.P. Morgan Chase, Kraft Heinz, Kroger, McDonald's, PepsiCo, Starbucks, Target, Time Warner, Tyson Foods, United Parcel Service (UPS), American Outdoor Brands (parent company of Smith & Wesson), and Wells Fargo.

ICCR also owns the EthVest database of shareholder resolutions.[3]

In the 1980s, ICCR was prominent in the disinvestment from South Africa campaign in protest of Apartheid.

Issues of Concern

Shareholder resolutions span a wide range of issues. In recent years, the most active issues have included climate change, human rights - including human trafficking, food safety & sustainability, water sustainability, the affordability of medicines, corporate lobbying and corporate political contributions, corporate governance, financial practices & risk, and gun control.

References

  1. ↑ Loftus, Peter (2017-03-01). "Drug Companies Block Shareholder Votes on Price Transparency Proposals". Wall Street Journal. ISSN 0099-9660. Retrieved 2017-06-13.
  2. ↑ Cowley, Stacy (2017-03-16). "Wells Fargo Leaders Reaped Lavish Pay Even as Account Scandal Unfolded". The New York Times. ISSN 0362-4331. Retrieved 2017-06-13.
  3. ↑ Institutional Shareowner, October 04, 2005 - ICCR Online Database Eases Access to Information on Shareowner Resolutions, by William Baue


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