Posts tagged Investor Advocates for Social Justice
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.
Investor group urges Ford to address claims of ‘union avoidance’ at Kentucky battery plant
May 8, 2025 // A nonprofit faith-based group that seeks to leverage its investing to advance human rights, racial equity and “the common good” is calling on automaker Ford to address claims of anti-union activities at the BlueOval SK battery plant in Kentucky. The letter from Investor Advocates for Social Justice details the group’s concerns over “strong indications that BlueOval Kentucky is engaging in union avoidance activities,” ranging from disseminating “anti-union flyers and media” to the United Auto Workers (UAW) telling the Washington Post that anti-union consultants have been brought in to persuade workers against unionization. The UAW launched a campaign last year to unionize the BlueOval SK battery plant in Hardin County, and workers at the plant in January asked the National Labor Relations Board to hold a union election. The BlueOval SK battery plant, one of two planned at Glendale to produce batteries for electric vehicles, is jointly owned by Ford and South Korean company SK Group.