Home
/
RELIGION & LIBERTY ONLINE
/
Religious Shareholders at the Climate-Change Dance
Religious Shareholders at the Climate-Change Dance
Jan 28, 2026 8:20 AM

It’s prom season, the time of year when plenty of high school kids eagerly anticipate an invitation to the year’s biggest formal event. It’s no different for the member organizations of religious shareholder activist groups As You Sow and the Interfaith Center on Corporate Responsibility. Both groups have their tuxedos pressed and dresses tailored for this summer’s highly anticipated climate encyclical from Pope Francis, the progressive left’s version of netting either Kate Upton or Ryan Gosling as prom dates.

In the meantime, ICCR and AYS – who, quite frankly, don’t seem to really care what Pope Francis or any of his predecessors have to say about any topic unless it fits progressive dogma – continue their crusade against fossil fuels while they await the Pope’s invitation to the big dance.

It seems both groups wish to hobble corporations in the name of global warming. Just last month, for example, ICCR released its latest paper, “Invested in Change: Faith-Consistent Investing in a Climate-Challenged World.” From the document’s Executive Summary:

According to The Forum for Sustainable and Responsible Investment’s U.S. Sustainable, Responsible and Impact Investing Trends report, climate change/carbon emissions criteria remain the most significant environmental factor considered by responsible investors. Investors’ interest in climate change stems not only from their fiduciary concerns regarding the real and immediate risk climate changes poses to their individual institutional assets, but from their concerns about its broader and longer term ramifications on global economic stability and social justice. For faith-consistent investors, these concerns take on a distinctly human dimension as they consider the justice implications for munities who will bear the brunt of climate impacts.

And this:

Core strategies for ICCR’s climate change work include: climate change mitigation, mainly through carbon emissions reduction; disclosure of corporate public policy activities made via lobbying and political spending initiatives; improving corporate reporting and accountability through measurement and disclosure of carbon footprints, and encouraging proactive climate change adaptation plans that will reduce climate risk. In addition, members use their influence as shareholders to advocate for stronger legislative and regulatory frameworks that will enforce carbon emissions reductions while advocating for proactive investing in climate solutions, including green energy. Collectively, these strategies panies to modify their business plans to adapt to climate change realities and hope to accelerate the global transition to a green economy.

The climate change crisis makes it clear that investors cannot afford to be passive; they must raise their voices, participate and leverage their influence as owners panies. If investors own fossil fuel and panies, they must be active owners, for while there are many reasons why investors may choose to own fossil fuel stocks, it is irresponsible to own them and not use that power to alter the current paradigm.

Suffice to say ICCR’s core strategies, should e to pass, would do more than simply hobble corporations by astronomically increasing the costs of doing business, silencing the voices of business advocacy organizations and, as a result of increasing costs, harming other shareholders, employees, customers and negatively impacting the entirety of the panies’ respective economic footprint. As shareholder activists, the ICCR collective is as shaky on economics as they are on “settled” science.

Although she is writing specifically about recent pronouncements from Pope Francis, The London Times’ Melanie Phillips could’ve been just as easily discussing our shareholder activists:

[Pope Francis] has called capitalism ‘an economy of exclusion by an idolatrous system of money.’ This tends to ‘devour everything which stands in the way of increased profits. Whatever is fragile, like the environment, is defenceless before the interests of a deified market.’

This radical message may destroy the West and will hurt the poor. His agenda of ‘social justice’ is the twisted contemporary euphemism for coerced economic redistribution, aka soaking the better-off to keep the poor trapped in dependency.

This deification of poverty is a formula for human stagnation and the destruction of political freedom. It repudiates the core understanding of western modernity, that empowering every individual to achieve wealth is the essence of collective prosperity and liberty.

Phillips expands her argument to pass the ponent of the environmental movement, which most certainly includes the member organizations of ICCR and AYS:

Moreover, deep green environmentalism is based on destroying the biblical concept that mankind is the pinnacle of creation. Instead of understanding that man’s dominion over the Earth embodies mand for stewardship of the natural world, environmentalism portrays it as a form of colonialism. To save the planet, mankind must be knocked off its perch. It is a profoundly anti-human doctrine, which is why its anti-modernity message is rooted in movements for population control.

As Francis’s predecessor, Benedict XVl, wrote: ‘The radical detachment of the Enlightenment philosophy from its [biblical] roots ultimately leads it to dispense with man.’

‘Climate change’ is religion refracted through the lens of paganism. Like the medieval Church, whose millenarian beliefs it uncannily resembles right down to attempting to destroy heretics as ‘climate-change deniers,’ it declares the imminent apocalypse can only be averted by man repenting his original sin, now redefined as despoiling the planet.

It’s impossible to determine exactly the contents of Pope Francis’ climate-change encyclical until it’s released this summer. However, it’s clear ICCR and AYS are endeavoring to fulfill precisely the agenda about which Phillips warns her readers. If successful, don’t be surprised if every prom theme in the near future is “An Evening Under the Stars” with nothing but acoustic music to dance to for lack of electricity.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Profitable Vatican museums postpone opening during phase 2
In an article I published today in Catholic World Report, “The profitable Vatican Museums remain closed, look toward a June opening,” I posed some tough questions to Rev. Kevin Likey, a priest of the Legionaries of Christ from Flint, Michigan, who is currently serving as the director of the Vatican Museums Patrons’ Office. The Patrons’ Office is responsible for procuring a major portion of philanthropy necessary for maintaining and restoring some of the world’s finest art located inside the Vatican...
Awe and wonder: The keys to curbing COVID-19 hubris
In our information age, armchair economists and epidemiologists are many. Society remains deeply divided—preoccupied with social media squabbles over the credibility of our leaders and the rightness or wrongness of their proposed solutions. Of course, the actual experts are divided, as well. Scientists and researchers are still arguing over the validity of various mathematical models. Inventors, businesses, munity institutions have adopted wide-ranging approaches to adapt to the virus. Governors and legislators remain split on how to interpret the bigger picture—weighing...
One narrative to rule them all?
There is no one experience of the COVID-19 pandemic. National experiences vary wildly between New Zealand and Italy. Business experiences differ, as well. Pier 1 is going out of business, while Walmart sales have jumped. In West Michigan restaurants have expanded their distribution to grocery stores, while yoga studios have brought their teaching online. Some people are working harder than ever, while others are barely keeping it together. At a time when both prudent political leadership and scientific research are...
The Acton Institute encourages 275 million people to embrace liberty
From the Enlightenment to the works of Jean-Paul Sartre and Jacques Derrida, the power of French ideas has radically altered the rest of the world. The Acton Institute has engaged France’s long history as a global thought leader in two new French-language articles, which discuss contemporary French influence on U.S. and Spanish leaders. The first translation discusses what politicians in general, and one senator in particular, could learn from French efforts to pare back their notoriously inefficient welfare state: “Elizabeth...
‘Created Equal’: Clarence Thomas embodies the power of a biblical worldview
One must praise conservative material that airs on PBS for the same reason one must take note of shooting stars: for parative rarity and brevity of the experience. Yet high praise is due to the taxpayer-funded network for airing the magisterial documentary Created Equal: Clarence Thomas in His Own Words on May 18. Much of the justice’s rags-to-black-robes story had been told in his autobiography, My Grandfather’s Son, but without his own resonant voice and Solomonic demeanor. Much of the...
Acton Line podcast: Lyman Stone on the decline of religiosity in the United States
Religion plays, and has always played, a crucial role in American life. In the past 75 years, however, religiosity has been in rapid decline. What’s causing the decline? In a new study from the American Enterprise Institute, demographer Lyman Stone helps answer. Lyman joins this episode to uncover his findings, including the history of religious life in the United States dating back four hundred years ago and how secular education is likely playing a large role in declining religiosity. Read...
What the Costa Rica Beer Factory can teach us about reopening the economy
Many restaurants still remain closed or constrained due to COVID-19 and the corresponding lockdowns, spurring renewed appreciation for the contributions that such businesses make. Yet in addition to reminding us of the humanizing aspect and social value of these businesses, the lockdowns have also highlighted the vulnerability of local enterprise in the face of onerous rules and regulations. Whatever one thinks about the prudence of the restrictions in this particular crisis, the disruption and destruction we’ve seen ought to stir...
For St. John Paul II’s 100th birthday, Italy gets gift of religious freedom
Today, May 18, is a very good day, indeed. It is a heroic day for the Italian Catholic Church on the 100th anniversary of Pope St. John Paul II’s birth. There could not be a better birthday gift from a saint who, fluent in 13 languages, was a veritable Paraclete-on-earth. He spoke courageously and often, raising his voice against persecution of religious freedom. He did so not just in his munist Poland, but throughout the entire secularized world. By the...
Rev. Robert Sirico: What would Fr. Neuhaus think of ‘First Things’ now?
First Things magazine has transformed radically from the days when Rev. Richard John Neuhaus established it as the foremost magazine of Christian engagement with the public square. Acton Institute President and Co-founder Rev. Robert A. Sirico discussed its devolution and the broader challenge of Catholic integralism on the Friday, May 15, edition of “The Federalist Radio Hour.” Since Rev. Neuhaus’ death, the publication’s literary editor hascalledhimself a “socialist Roman Catholic,” and its authors have erroneouslydescribedwealth as “an intrinsic evil.” Podcast...
How John Paul II reminded us that liberty and truth are inseparable
On the occasion of the 100th anniversary of the late John Paul II’s birth, it’s worth underscoring that one theme which permeated his pontificate from its beginning to the end was that of truth. Many remember Pope John Paul II as playing a crucial role in Eastern Europe’s liberation from Marxist tyranny. But he also insisted that liberty needed to be grounded in and guided by the truth knowable via reason and faith. If freedom and truth e separated—as they...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved