Update from Investor Advocates for Social Justice
Sr. Gloria Oehl says, "As we are still in the Season of Creation, I am sending an excerpt from our Investor Advocates for Social Justice (IASJ) August 2023 Newsletter."
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In the encyclical Laudato Si', Pope Francis speaks of the interconnectedness of all creation. The climate crises we witness, especially in vulnerable lands, is not just an assault on nature but a profound injustice to our friends who have lived in harmony with these lands for generations. Indigenous communities and marginalized people of color bear the brunt of a crisis they did little to create.
Investors, both individual and institutional, wield a significant amount of power in dictating the direction of global economies. By championing racial equity, indigenous rights, and decolonized green investments, we can influence corporate choices. However, with the rise of anti-ESG and anti-woke sentiments, it's crucial for investors to view environmental, social, and governance aspects as paramount, forging a transformative path forward. Being woke signifies intellectual curiosity, emotional insight, and enlightenment—qualities paramount in our era of change and challenge. Humanity must mature, societies progress, and democracies emerge as refined beacons of justice and peace for all.
Both Pope Francis and [Ta-Nehisi] Coates, in their unique voices, beckon us towards a world where reverence for the natural world and justice for its inhabitants are inseparable. Investors are invited to see beyond just profit, suggesting that corporations place communities at the forefront, and reminding everyone of the value of our shared home.
The heat dome, the fires, the rising tides – these are not just climatic events but messages, urging us to shift our paths. As we stand at this crossroads, let us be inspired by the wisdom of indigenous communities, the passion of marginalized voices, and the teachings of our religious, spiritual, and social justice leaders. It's a call to rebuild, not just our economies, but the very essence of our shared humanity. With mutual respect and unity, let us stride towards a livable future together.
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