Nuns in Kansas Challenge Big Companies

In a unique approach to corporate accountability, the Benedictine sisters, many of whom hold doctorates, are leveraging their investments to advocate for social change. Describing themselves as a "little fly in the ointment," the sisters invest in companies that align with their religious values while also maintaining stakes in those that do not, allowing them to influence corporate policies they deem harmful. This spring and summer, they proposed resolutions at shareholder meetings, with some investments as modest as $2,000, reflecting their commitment to activism. Over the years, the sisters have witnessed a significant increase in support for their resolutions, with backing rising from low single digits to as high as 30% or even a majority. This shift underscores their effectiveness in using shareholder advocacy as a form of protest. Sister McCracken, a seasoned peace activist, emphasizes that their efforts are rooted in the belief that wealth distribution is inequitable, advocating for a more just sharing of resources in line with Catholic social teaching. Despite facing criticism for their perceived liberal stance, the sisters assert their commitment to a broader interpretation of Catholicism. In response to detractors, they reject narrow definitions of their faith, emphasizing inclusivity and diversity. At nearly 85 years old, McCracken acknowledges her reduced activity but remains steadfast in her mission, highlighting the ongoing relevance of their activism in today's corporate landscape.