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What's New

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CBIS Makes Changes to RCT Flex Cash Fund
Since our founding, CBIS and the RCT Trustees have been dedicated to providing Catholic institutions with cash management solutions designed specifically for their needs. In order to ensure that we are able to continue to provide these services, CBIS is instituting some changes to the fee structure of the RCT Flex Cash Fund. For more information, click here.
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Fourth Quarter Issue of Principles Now Available
The new issue of Principles, CBIS' quarterly newsletter, is now
available. This issue features a look back at the economic crisis from CIO Frank Haines, highlights from CBIS' Active Ownership initiatives in 2009, and an examination of Caritas in Veritate from Br. Louis DeThomasis, President of CBIS Global. To download or
view the latest issue, click here.
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Executive Compensation Podcast with Julie Tanner
Julie Tanner, Assistant Director of Socially Responsible Investing, recently recorded a podcast with CompensationStandards.com, an online resource dedicated to executive compensation. In the interview, Julie discusses CBIS' recent success with Cisco as well as our other SRI initiatives. To listen to or download the interview, click here (NOTE: By clicking this link, you will be directed to an external site).
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SAVE THE DATE: Rome Gathering 2010
CBIS will return to Rome, Italy on Wednesday, February 24, 2010, for our annual Rome Gathering. For our European participants, watch your mail and e-mail for more information soon.
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CBIS "Say on Pay" Resolution at Cisco Wins Majority Vote
Fifty-one percent of Cisco shareholders approved CBIS' resolution on executive pay at the Cisco annual meeting. Read the press release here.
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CBIS Presses Cisco for "Say on Pay"
CBIS has renewed its push for fair and equitable executive compensation at Cisco by filing a resolution regarding "Say on Pay" at Cisco's annual meeting. Read the press release here.
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CBIS Announces New Address, Significant Upgrades to Statements Online
Effective October 13, 2009, CBIS will be transitioning participant service to ALPS Fund Services, Inc. Read more about the many new benefits this will enable us to offer you, download the Online Access Form, and explore Frequently Asked Questions about the changes here.
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Third Quarter Issue of Principles Now Available
The new issue of Principles, CBIS' quarterly newsletter, is now available. This issue includes information about an SRI initiative to stop child labor in the cotton industry in Uzbekistan, CBIS' new transfer agent and market commentary from Frank Haines. To dowload or view the latest issue, click here.
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A Tale of Two Markets: Commentary from CIO Frank Haines
While the economy appears to be pulling out of the recession, significant risks may limit the upside to any recovery, according to Chief Investment Officer Frank Haines. To read his latest market commentary, click here.
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June 2009 Active Ownership Update Available
Download the latest Active Ownership Update for a mid-year overview of CBIS' Active Ownership initiatives by clicking here. You can also visit the Shareholder Advocacy Directory for a comprehensive look at CBIS' work with corporations around the globe.
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PRINCIPLES Moves to Electronic Distribution
As part of CBIS' commitment to environmental stewardship, PRINCIPLES, CBIS' quarterly newsletter, is now being distributed exclusively through our website. To read the new issue, click here. To sign up for E-Delivery to be contacted when new issues are available, click here.
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CBIS Introduces CBIS Global
CBIS has introduced CBIS Global to serve Catholic institutions in Europe and beyond. Read more about CBIS Global here.
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Cash Out or Jump In?
While cash may seem like a safe refuge in this turbulent market, low cash yields and the potential for a strong stock rebound may make a shift to cash a costly move. For CBIS' perspective on actions participants can take in this market, click here.
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Los Angeles Capital Management Named as New CUIT Growth Fund Manager
Los Angeles Capital Management has been selected to replace Sands Capital Management as co-manager of the CUIT Growth Fund. For more information, click here.
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What Now?: A Q&A with Frank Haines, Chief Investment Officer
As the financial crisis continues, Frank Haines, Chief Investment Officer, offers his perspective on the current market environment and discusses actions participants can take in these volatile times. For the full Q&A, click here.
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CBIS Releases Results of 2008 SRI Survey
CBIS has released the results of the 2008 SRI Survey, evaluating the priorities and opinions of Catholic institutional investors. For the full press release, click here.
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CBIS Offers Condolences to Family and Friends of Raoul L. Carroll, CBIS Board Chairman
Raoul L. Carroll, CBIS Board Chairman, has passed away. He was a trusted friend and colleague and will be greatly missed. We offer our sincere condolences to his family and friends. For more information, click here.
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Catholic Perspectives on the Financial Crisis
Br. Michael O'Hern, President and Chief Executive Officer, offers his view of the ethical implications of the current financial crisis. Click here to read the article.
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CBIS Withdraws Resolution at Cisco After Progress on Executive Compensation
CBIS has withdrawn a resolution regarding "Say on Pay" after Cisco agreed to discuss the issue at the board level. To view the press release issued by CBIS, click here.
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SRI News

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Shareowners Are Urged to Press Companies to Link Compensation with ESG Factors 2/4/2010 - A Eurosif study of companies listed in the FTSE Eurofirst300 index finds that relatively few European companies link executive compensation to ESG performance, with financial institutions lagging behind all other sectors.
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SEC Ruling on Proxy Disclosure Is Likely to Lead to Increased Shareowner Activism 2/1/2010 - An overview by the Corporate Library details some of the possible effects of the ruling on shareowner actions in what could shape up to be a critically important proxy season.
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Report Links Effective Corporate Sustainability Reporting to Presence of Key Performance Indicators 1/28/2010 - Based on his survey of prominent investors and analysts, Dr. Axel Hesse of Sustainable Development Management develops key performance indicators for sustainability that should be included in corporate reporting.
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SEC Issues Guidance for Corporate Reporting on Climate Change 1/28/2010 - The decision, which directs companies to disclose business risks and opportunities associated with climate change, is welcomed by investors who have been calling for such guidance for years.
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Most Socially Responsible Mutual Funds Outperformed Benchmarks in 2009 1/25/2010 - A study of mutual funds managed by members of the Social Investment Forum finds that two-thirds outperformed their benchmarks across nearly all asset classes in 2009, and most large cap funds outperformed the S&P 500 over three and 10 years.
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Canadian Tar Sands Are Target of Shareowner Resolution at Shell 1/18/2010 - Coalition of investors successfully files a resolution addressing the financial, environmental, and reputational risks of Shell's oil extraction from Canadian tar sands.
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Investors Call on Governments to Act on Climate Change Now 1/15/2010 - Investor groups attending the 2010 Investor Summit on Climate Risk at the UN endorse a statement calling for climate change policies that encourage private investment.
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Investors Remain at Risk Due to Corporate Breaches of Supply Chain Standards 1/12/2010 - According to a new EIRIS report, companies in consumer industries are responding to NGO pressure, but recommends investor engagement with companies on supply chain polices, management, and reporting.
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Indian Government Issues Voluntary Guidelines for Corporate Governance and Corporate Social Responsibility 1/5/2010 - At the conclusion of the first India Corporate Week, the Ministry of Corporate Affairs issues guidelines intended to encourage best practices in corporate governance and corporate social responsibility.
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Fed Chief Acknowledges Failure of Regulatory Oversight in Subprime Mortgage Crisis 1/4/2010 - Federal Reserve Chairman Bernanke calls for strengthening regulatory system to prevent the recurrence of a crisis warned of by the socially responsible investment community for years.
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US Department of Energy Will Fund Research and Development of Alternative Energy Sources 12/28/2009 - The formation by the DOE of three Energy Innovation Hubs is intended to accelerate the commercial deployment of new energy technologies.
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Clean Jobs Creation Needs Private Investment to Succeed 12/18/2009 - A Five-Point Plan issued by the Apollo Alliance details a number of opportunities for private investors in the creation of jobs that help combat climate change. Second of a two-part series.
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US Secretary of Energy Announces Plan for Clean Energy Deployment in Developing Countries 12/15/2009 - While progress toward even a non-binding agreement in Copenhagen stalls, the US Secretary of Energy announces program to help fund energy efficiency measures in developing countries.
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Goldman Sachs to Allow Shareowner Advisory Vote on Executive Compensation 12/14/2009 - In the wake of an uproar over its plans to award $23 billion in bonuses, TARP recipient also announces that Management Committee will receive equity Shares at Risk instead of cash.
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Institutional Investors Ask SEC to Clarify That Climate Change is a Material Risk 12/10/2009 - Despite regulatory and legislative progress, the failure of companies to disclose risks remains widespread, according to the request for interpretive guidance.
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ICCR Members Target Executive Compensation at Health Industry Companies 12/2/2009 - In their shareowner resolution, 30 ICCR members ask 21 companies in the health industry to report on disparities between executive compensation, including health benefits, to compensation of lowest-paid employees.
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Corporations Are Advised to Improve Human Rights Reporting 11/24/2009 - The Global Reporting Initiative and its partners in a human rights initiative find insufficient attention to negative impacts of human rights issues in corporate reporting, and plans to update its Sustainability Reporting Framework.
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Corporations are Failing to Recognize Adaptation in Their Climate Change Strategy 11/23/2009 - Finding that adaptation to climate change requires a long-term investment horizon, a report from UK-based institutional investors recommends that investors increase their role in public policy debates on climate change.
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Join CBIS and encourage
hotels to take action to fight
Child Sex Tourism Learn More
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| CBIS Announces New Address and New Online Features. Learn More
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Partners
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CBIS Global
CBIS Global is the European division of CBIS, providing ethical investment management to Catholic institutions in Europe and beyond. CBIS Global is the sponsor of CBIS Global Funds plc headquartered in Dublin. CBIS Global also operates a service centre in Rome, Italy.
Christian Brothers Services (CBS)
CBS administers high quality, cost-effective, cooperative programs for
Employee Health & Welfare Programs, Religious Medical Programs,
Retirement Programs, and Risk Management Programs.
Partners for the Common Good (PCG)
PCG's mission is to promote economic justice and social change by providing access to debt capital to community-based ventures.
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