Since it was established 40 years ago, the Portfolio Advisory Board (PAB) has played an integral role in the Adrian Dominican Congregation’s work for justice, peace, and care of creation.Our 2015 publication, "Celebrating 40 Years of Socially Responsible Investing," highlights the critical work we have done in the arena. Through socially responsible investing, the Congregation strives to put its money where its values are (see the Wall Street Journal's article, "Sustainable Investing: A Defense," for more on this social justice practice).
The Adrian Dominican Sisters have been among the pioneers in the area of socially responsible investing. The Congregation has been a long-time collaborator in the field with other faith-based organizations through the Interfaith Center for Corporate Responsibility (ICCR).
Until recently, the Board was composed of Adrian Dominican Sisters. The PAB now includes Associates and other lay leaders who continue to pursue two key strategies in helping to bring about economic justice and live out the Congregation’s Mission.
Through its corporate responsibility work, the PAB monitors the Congregation’s investments and engages in shareholder activity on matters of justice involving corporations in which the Congregation invests. The PAB’s corporate responsibility work, joined with others, has resulted in making Hasbro toys safer, increasing access to HIV/AIDS medicines, removing genetically modified ingredients from Cheerios cereal; and eliminating hormone-treated milk in Yoplait yogurt.
Through its community investments, the PAB makes low-interest loans to non-profit community organizations that benefit low-income people and underserved communities. During the past 40 years, the PAB has made loans totaling $28 million – at a 98 percent return rate. In many cases, the PAB’s faith in untried community organizations has encouraged other faith-based organizations to invest in them.
Adrian Dominican investments in community organizations help support literacy training in Haiti, natural food cooperatives in New England, and microenterprise in the Philippines, among many other community efforts.
Click here to learn more about the Portfolio Advisory Board, including information on community loan applications, shareholder action, and more.
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Dee Joyner, Associate
Board Chair |
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Lura Mack
Director of PAB |