Credit: Thomas Altfather Good/Flickr
09 May
Nuns push Wall Street for environmental justice through shareholder advocacy
Faith-based advocates urge Citibank to respect Indigenous rights.
Keerti Gopal reports for Inside Climate News.
In short:
- Sister Susan Francois emphasized the Catholic Church's historical role in colonization while advocating for Indigenous rights at Citibank's shareholder meeting.
- Despite the failure of their resolution for the third year, the Sisters of St. Joseph of Peace plan to continue their advocacy against financing harmful fossil fuel projects.
- Citibank's recent report on Indigenous peoples' rights was criticized for not meeting international standards, highlighting ongoing concerns over corporate responsibility.
Key quote:
“This is a clear message to the bank that human rights violations are bad for business.”
— Sister Susan Francois, Treasurer of the Sisters of St. Joseph of Peace
Why this matters:
The nuns’ persistent advocacy reinforces the role of ethical investing in combating climate change and supporting Indigenous communities. Read more: What would a just energy transition look like for US tribes?
insideclimatenews.org