The Interfaith Center on Corporate Responsibility (ICCR) is a coalition of faith-based investors dedicated to advocating for sustainable and ethical business practices. Established in 1971, ICCR brings together over 300 institutional investors representing more than $4 trillion in managed assets. The organisation’s primary focus is on promoting corporate accountability and sustainability through shareholder advocacy.
ICCR’s key goals include addressing climate change, ensuring human rights, and improving corporate governance. By engaging directly with companies, ICCR members push for transparency and responsible policies that align with long-term social and environmental sustainability. The organisation believes that ethical business practices are essential for both societal well-being and financial performance.
The structure of ICCR comprises a diverse membership base that includes religious institutions, asset management firms, foundations, and other socially responsible investors. This coalition leverages its collective influence to initiate dialogue with corporations, file shareholder resolutions, and participate in corporate annual meetings. ICCR’s collaborative approach allows it to tackle a wide range of issues effectively, from environmental stewardship to fair labour practices.
ICCR’s work is highly relevant to sustainable finance as it emphasises the integration of environmental, social, and governance (ESG) factors into investment strategies. By advocating for responsible corporate behaviour, ICCR helps create a more sustainable and equitable financial system. Their efforts contribute to the broader movement towards socially responsible investing, which prioritises long-term value creation over short-term gains.
The organisation provides valuable resources, including research reports, practical tools, and databases. These resources cover various topics such as climate risk, supply chain transparency, and corporate lobbying practices. ICCR’s research helps investors make informed decisions that align with their ethical values and financial objectives. Additionally, ICCR offers guidance on shareholder engagement strategies, helping members effectively influence corporate policies.
Guiding principle:
That sustainable corporations must look beyond the next earnings report to account for the full impact of their businesses on society, and must view the well-being of all of their stakeholders ― including their workers and the communities where they operate — as integral to their long-term value.
