The Episcopal Church Welcomes You
» Site Map   » Questions    
logo_socialJustice_sm
Economic Justice

The Peace and Justice Ministries Office focuses on Economic Justice through: the Economic Justice Loan Committee, the Social Responsibility in Investment Committee, active participation in the Economic Justice and Domestic Hunger Program Ministry of the National Council of Churches, and by providing a liaison and financial support to the Episcopal Network for Economic Justice.

Economic Justice Loan Committee. This committee, created in 1998 by Executive Council, combines two former loan committees. The committee is given stewardship of $7 million dollars to make loans to projects to benefit poor and marginalized people, for such purposes as low cost housing, small-business development, childcare programs or establishing credit unions. The committee develops criteria for Council approval and oversees the application and loan process deciding where loans are made, for how much and under what terms. These loans are available for domestic and international projects that promote economic justice.  Loans range from $100,000 to $350,000 for a period of five to seven years.

The Episcopal Church works with National Community Capital Association (NCCA).  NCCA performs due diligence on new loan applications and helps the Episcopal Church monitor existing borrowers.  Prospective borrowers can contact Harry Van Buren of the Episcopal Church at HarryVB@aol.com or Beth Lipson of NCCA at bethl@communitycapital.org.

Social Responsibility in Investment Committee. This committee of Executive Council was created in 1972 and has monitored the Church's investment portfolio for social performance ever since. The Episcopal Church is a pioneer in the shareholder activism movement through its earlier tireless anti-apartheid work. Today, among other issues, the committee analyzes and monitors corporate behavior on the environment, equality in the workplace, overseas ethical criteria, arms contractors ethical criteria, health concerns and bank lending practices to minorities. The committee meets twice yearly and by regular conference calls; it has produced resources and holds programs on different aspects of ethical investing. It is an active participant in the Interfaith Center on Corporate Responsibility.


Articles
Shareholder Resolutions filing for 2001-2002
 More...

Executive Council Adopts Policy of Disinvestment from Companies Producing Military Goods
(5/6/2003)   More...

Reaffirming Commitments to the Reduction of Poverty Nationwide
Contact John Johnson, Domsetic Policy Analyst, for more information. jjohnson@episcopalchurch.org
 More...


For More Information
Contact:
Harry Van Buren

Links
The Episcopal Network for Economic Justice
Episcopal Investments
Domini Social Investments

Economic Justice Documents
Proxy Voting and the Mission of the Church, PDF