Posts tagged common shares
Sisters wield power as shareholders to force corporate reforms
July 2, 2025 // The Sisters of St. Joseph of Peace this year put forth a proposal to require Ford Motor Co. to stop fighting unionizing efforts at its new battery plants and to work with local residents who would be impacted by the new factories. The U.S. Securities and Exchange Commission accepted Ford's request to remove the proposal, so it never went to a vote. Religious of the Sacred Heart of Mary co-filed the request. "But we're still at the table and we're still raising the voices of the local community," Francois said. "We just want the neighbors to be in dialogue with Ford." IASJ, formerly the Tri-State Coalition for Responsible Investing, was started by congregations of religious in Connecticut, New York and New Jersey in 1975.