Interfaith Center on Corporate Responsibility
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The Interfaith Center on Corporate Responsibility (ICCR) is an association advocating for
corporate social responsibility Corporate social responsibility (CSR) is a form of international private business self-regulation which aims to contribute to societal goals of a philanthropic, activist, or charitable nature by engaging in or supporting volunteering or ethicall ...
. Its 300 member organizations comprise faith communities, asset managers, unions, pensions, NGOs and other investors. ICCR members engage hundreds of corporations annually in an effort to foster greater corporate accountability. ICCR's members file
shareholder resolutions With respect to public companies in the United States, a shareholder resolution is a proposal submitted by shareholders for a vote at the company's annual meeting. Typically, resolutions are opposed by the corporation's management, hence the insi ...
on issues such as
climate change In common usage, climate change describes global warming—the ongoing increase in global average temperature—and its effects on Earth's climate system. Climate change in a broader sense also includes previous long-term changes to ...
,
human rights Human rights are moral principles or normsJames Nickel, with assistance from Thomas Pogge, M.B.E. Smith, and Leif Wenar, 13 December 2013, Stanford Encyclopedia of PhilosophyHuman Rights Retrieved 14 August 2014 for certain standards of hu ...
,
corporate governance Corporate governance is defined, described or delineated in diverse ways, depending on the writer's purpose. Writers focused on a disciplinary interest or context (such as accounting, finance, law, or management) often adopt narrow definitions ...
, financial practices, and other social and environmental concerns. The organization was founded in 1971.


Members

ICCR members include faith communities, asset management companies, labor unions, pension funds, NGOs, and college and university endowment funds.


Corporate targets

In any given year, members of ICCR file roughly 300 shareholder resolutions at hundreds of American corporations across multiple industries. ICCR also owns the EthVest database of shareholder resolutions. In the 1980s, ICCR was active in the campaign for
disinvestment from South Africa Disinvestment (or divestment) from South Africa was first advocated in the 1960s, in protest against South Africa's system of apartheid, but was not implemented on a significant scale until the mid-1980s. The disinvestment campaign, after bein ...
in protest of
Apartheid Apartheid (, especially South African English: , ; , "aparthood") was a system of institutionalised racial segregation that existed in South Africa and South West Africa (now Namibia) from 1948 to the early 1990s. Apartheid was ...
.


Issues of concern

Shareholder resolutions span a wide range of issues. In recent years, the most active issues have included
climate change In common usage, climate change describes global warming—the ongoing increase in global average temperature—and its effects on Earth's climate system. Climate change in a broader sense also includes previous long-term changes to ...
;
human rights Human rights are moral principles or normsJames Nickel, with assistance from Thomas Pogge, M.B.E. Smith, and Leif Wenar, 13 December 2013, Stanford Encyclopedia of PhilosophyHuman Rights Retrieved 14 August 2014 for certain standards of hu ...
including topics such as human trafficking, food safety and sustainability, water sustainability, and the affordability of medicines; corporate
lobbying In politics, lobbying, persuasion or interest representation is the act of lawfully attempting to influence the actions, policies, or decisions of government officials, most often legislators or members of regulatory agencies. Lobbying, whic ...
and corporate political contributions;
corporate governance Corporate governance is defined, described or delineated in diverse ways, depending on the writer's purpose. Writers focused on a disciplinary interest or context (such as accounting, finance, law, or management) often adopt narrow definitions ...
; financial practices and risk; and gun control. The Interfaith Center on Corporate Responsibility co-ordinated organizations using shareholder activism to influence firearms manufacturers to improve the safety of their products. The Interfaith Center on Corporate Responsibility supported shareholder resolutions asking
American Outdoor Brands Corporation American Outdoor Brands, Inc., formerly known as Smith & Wesson Holding Corporation until 2016, is an American manufacturer of outdoor sports and recreation products, with a current 18 brands of outdoor equipment. Until 2020, it owned Smith & Wes ...
, the parent company of
Smith & Wesson Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Springfield, Massachusetts, United States. Smith & Wesson was founded by Horace Smith and Daniel B. Wesson as the "Smith & Wesson Revolver Company" in 1856 ...
, and Sturm, Ruger & Co. to report to investors regarding the steps they are taking to reduce gun violence. Ruger opposed the resolution.
BlackRock BlackRock, Inc. is an American multi-national investment company based in New York City. Founded in 1988, initially as a risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with trill ...
, the world's largest asset manager and Ruger's largest investor, and Institutional Shareholder Services and Glass Lewis, the two most important shareholder advisory firms in the United States, supported the resolution. At Ruger's annual meeting on May 9, 2018, a majority of shareholders voted in favor and Ruger said they would heed the resolution. The
Brady Campaign to Prevent Gun Violence Brady: United Against Gun Violence (formerly “Handgun Control, Inc”., the Brady Campaign to Prevent Gun Violence and the Brady Center to Prevent Gun Violence) is an American nonprofit organization that advocates for gun control and against ...
called the vote a "first-of-its-kind victory."


References


External links

*
The New York Times, July 21, 2002 - Private Sector; Missionary Among the Executives
*[http://www.institutionalshareowner.com/news/article.cgi?sfArticleId=1654 Institutional Shareowner, March 04, 2005 - Campaign to Enhance Pharma Industry Accountability Broadens Shareowner Action, by William Baue] Corporate social responsibility Religious organizations based in the United States {{US-org-stub