The Tri-State Coalition for Responsible Investment (CRI) is a 501(c)(3) non-profit organization which is a coalition of Roman Catholic institutional investors primarily located throughout the New York, New Jersey, and Connecticut area, with members also located in Colorado and Kansas. Our members strive to align their investments with Catholic social teaching and recognize their investment portfolios can also be an instrument to advance their ministries. Together, we leverage our collective shareholder voice to advocate for ethical and sustainable business practices that promote respect for human dignity and the common good. Founded in 1975, the Coalition has over forty years of experience with this form of work for economic and social justice, known as shareholder advocacy or shareholder engagement.
We, the member organizations of the Tri-State Coalition for Responsible Investment, recognize that “economic life raises social and moral questions for each of us and for society as a whole.” (Economic Justice for All, US Catholic Bishops Pastoral Letter, 1986). In making decisions about managing resources and investments, we view the local and global economies not only in terms of production and distribution, but also by their effects on the environment and the dignity of the human person.
We use our resources to work for justice in and through economic structures on behalf of the earth and her people. As religious investors we take seriously our responsibility as shareholders to hold our companies accountable to social and ethical concerns. We work to raise the economic literacy of ourselves, our constituents and other stakeholders as we participate in strategies for systemic change.
Coalition members engage companies on a number of issues including human rights, trafficking, labor, access to medicines, ethical practices in financial institutions and the social purpose of the financial sector, corporate governance, equality and race, militarism and violence, agriculture, food, water, and ecological issues, and global warming. Our Coalition supports our members in this work, providing resources, opportunities, and a shared forum to learn and engage with each other as we promote a culture of corporate social responsibility. We vote shareholder proxies in accordance with our guidelines of socially and environmentally responsible investing to exercise our voice as shareholders. Our members also work with their financial advisors to integrate concerns on environmental, social, and governance (ESG) concerns into their investment decision-making processes.
As the largest of the regional Catholic Coalitions within the Interfaith Center on Corporate Responsibility (ICCR), the Tri-State Coalition for Responsible Investment has been successfully working for over 40 years with our colleagues, who include denominations, rabbinical pension funds, foundations, and public and private pension funds on various campaigns to bring justice to the world and all her inhabitants. Our history and success demonstrates that utilizing our power as stakeholders has sparked a momentum that has engaged other sectors of society beyond religious institutions in involvement for social change.
We also collaborate with Ceres, a non-profit organization advocating for sustainability leadership that mobilizes a powerful network of investors, companies and public interest groups to accelerate and expand the adoption of sustainable business practices and solutions.
We recognize the corporate sector has extensive influence over resources, policies and practices that affect a broad spectrum of social and environmental issues and we encourage our corporations to be positive social actors.