Home
/
RELIGION & LIBERTY ONLINE
/
As You Sow’s Grim Reaping
As You Sow’s Grim Reaping
Jul 1, 2026 9:56 AM

Religious groups seeking to serve myriad liberal agendas during the 2013 shareholder proxy resolution season look no further than As You Sow, a group dedicated to “large-scale systemic change by establishing sustainable and equitable corporate practices.”

AYS will unveil its Proxy Preview on March 7. Trumpeted as the “Bible for socially progressive foundations, religious groups, pension funds, and tax-exempt organizations” by the Chicago Tribune, this year’s preview predictably includes such “issues” as hydraulic fracturing; e-waste recycling; waste disposal; and pushing coal-fired utilities to adopt more stringent environmental standards than required by law.

Nowhere does AYS panies’ fiscal responsibility to return profits to shareholders. Neither does it mention how adherence to these progressive shibboleths might negatively impact the world’s most economically disadvantaged by reducing corporate profitability.

AYS boasts on its website include: “We build coalitions with shareholder allies including socially responsible investors (SRIs), pension funds, labor groups, foundations, and faith-based munities.” Whatever specialized knowledge these investors bring to the table regarding natural gas drilling and waste management technologies is left to the readers’ respective imaginations.

As to the involvement of faith-based investors, one can only assume AYS is doubling down on its New Testament-inspired moniker to grant itself moral authority on issues that are purely technical in nature. For example, AYS outlines its 2013 Energy Program thusly:

Oil and gas giants ExxonMobil and Chevron will face a proposal for quantitative risk management reporting on panies’ hydraulic fracturing activities. The resolution will ask for the reporting of the results of pany procedures and practices, above and beyond regulatory requirements, to minimize the adverse environmental munity impacts from pany’s shale energy operations.

As noted previously, hydraulic fracturing has been vetted extensively by state and local governments, and has been deployed since the late 1940s with no significant hazards to either the environment or human health. The benefits from increased domestic natural gas production, however, have proven a tremendous boon to the U.S. economy and employment.

Increasing the costs of hydraulic fracturing, however, more than certainly will negatively impact corporate and shareholder profits, drive up costs for natural gas customers and kill jobs – these last two afflicting our nation’s most economically disadvantaged.

Whilst AYS takes its name from Scripture to myopically pursue progressive causes that would most assuredly hurt the poor, it may be better served by remembering Matthew 25:40, which advises: “Truly, I say to you, as you did it to one of the least of these my brothers, you did it to me.”

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
Why It Was Always Going to Be Tubman on Our Money
Last Summer I predicted that Harriet Tubman would be replacing Alexander Hamilton on the $10 bill. I was almost right. She’ll be replacing Andrew Jackson. The U.S. Treasury announced last year that the $10 bill is the next paper currency scheduled for a major redesign — a process that takes years because of the anti-counterfeiting technology involved — and will feature a “notable woman.” The new ten will be unveiled in 2020, the 100th anniversary of the passage of the...
Ben Sasse on the Path to Ordered Liberty
Americans are growing in their distrust of the U.S. government and its leaders, with polls typically showing approval of Congress somewhere around 11%. As Senator Ben Sasse put it in his first remarks to the U.S. Senate, “The people despise us all.” “No one in this body thinks the Senate is laser-focused on the most pressing issues facing the nation,” he said, “No one. Some of us lament this; some are angered by it; many are resigned to it; some...
What Christians (Should) Mean When We Talk About Conscience
A new Pew Research surveyfinds that the majority of American Catholics (73 percent)say they rely “a great deal” on their own conscience when facing difficult moral problems. Conscience was turned to more often than the three other sources — Catholic Church’s teachings (21 percent), the Bible (15 percent) or the pope (11 percent) bined. While it never really went away, conscience is making eback among Christians. Over the past few years, the term conscience has been increasingly referenced in debates...
The ‘Tragedy’ of the (Boston) Common
Boston Common Asset Management bills itself as “a leader in global sustainability initiatives.” Why would an investment portfolio pany label itself with the appellation “Common” when it carries such negative baggage? As it turns out, BCAM embraces mon” as something positive. From the BCAM website: Beginning in 1634, the Boston Common served as mon pasture for cattle grazing. As a public good, the Common was a space owned by no one but essential to all. We chose the name Boston...
Religious shareholders attack ExxonMobil’s reputation, worry about oil giant’s ‘reputational risk’
The Interfaith Center on Corporate Responsibility, shareholder activists of the corporate God-fly variety, are gearing up for the May 25 ExxonMobil Corporation annual general meeting. The ICCR agenda isn’t about maximizing shareholder value, but seems far more intent on reducing it. For the record, your writer possesses no financial stake in ExxonMobil, but if he did it’s certain he’d be upset mightily at ICCR’s efforts to hobble the industry giant and send stock prices plummeting even further. The religious-left activists...
Radio Free Acton: Magatte Wade on African Entrepreneurship
This week on Radio Free Acton, Magatte Wade joins us to discuss the challenges and rewards of being an entrepreneur in Africa. Too often, people in the West tend to think of Africa as a place to send aid rather than a place to engage in trade. Magatte is working to change that attitude while building her pany, Tiossan, as well asthe local economy in her native Senegal. Wadewill be joining us as a plenary speaker at Acton University in...
Time and Eternity: The Abiding Profit
“The temporal achievements of science, technology, inventions and the like also have a divine significance,” writesAbraham Kuyper in this week’s Acton Commentary, an excerpt fromCommon Grace: God’s Gifts for a Fallen World. With the destruction of this present form of the world, will the fruit mon grace be destroyed forever, or will that rich and multiform development for mon grace has equipped and will yet equip our human race also bear fruit for the kingdom of glory as that will...
Video: Freedom and the Poverty Industry
Kris Mauren, executive director of the Acton Institute, kicks off the second season of the Free Market Series, a television program for American and Canadian audiences produced by The World Show in partnership with the Montreal Economic Institute and broadcast on PBS affiliates. In Episode 1, Mauren takes apart the “fatally flawed poverty industry” and talks about Acton’s Poverty Inc. documentary. Interview notes: Many people imagine that free markets are synonymous with self-interest and greed, but for Kris Mauren, freedom...
Shave a Yak, Save a Planet: How to Choose a Climate Change Policy
Since today is Earth Day you’ll be hearing even more discussions than usual about the problem of anthropocentric climate change. What you aren’t likely to hear is sufficient consideration of the question, “What kind of problem is it?” Many people claim that it is an environmental problem. Some claim that it is a technological, scientific, or even moral problem. Others vigorously contend that is it not a “problem” at all. I believe that, first and foremost, anthropocentric climate change is...
Distributism Is the Future (That Few People Want)
Over the years, many of us here at Acton have been engaged in long-running(and mostly congenial) feud with distributists. Family squabbles can often be the most heated, and that is true of this rivalry between the Christianchampions of distributism and the Christian champions of free markets here at the Acton Institute. We fight among ourselves because we have an awful lot mon. For example, we share the afocus on encouraging subsidiarity, self-sufficiency, and entrepreneurship. We also share arespect for rule...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved