Investor Advocates for Social Justice

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Investor Advocates for Social Justice advocates on behalf of a community of investors whose faith-based values promote human rights, climate justice, racial equity, and the common good.

IASJ joins the Sisters of Charity of Saint Elizabeth and the rest of the faith-based investor community in mourning the ...
10/01/2026

IASJ joins the Sisters of Charity of Saint Elizabeth and the rest of the faith-based investor community in mourning the passing of Sister Barbara Aires, SC, who entered eternal life on September 9, 2026, at the age of 89.

For more than 50 years, Sr. Barbara served as a shareholder advocate representing the Sisters of Charity of Saint Elizabeth, bringing her deep faith and commitment to justice to the work. She was a longtime partner of IASJ, working closely with our team across several Climate + Dignity and defense-related engagements and playing an integral role in our engagement with Tyson Foods.

Sr. Barbara also shared a special connection with our beloved former Executive Director, Sister Patricia Daly, OP. The two worked together for many years in shareholder advocacy. Following Sr. Pat's passing, Sr. Barbara remembered her as someone “gifted with keen intellect, abundant graciousness, ever probing for solutions to the many complex issues of today.” Those words feel especially meaningful now as we remember Sr. Barbara and the legacy of faith-filled shareholder advocacy they helped build together.

We are deeply grateful for Sr. Barbara’s decades of partnership, wisdom, persistence, and commitment to using her voice for the common good. Her presence will be greatly missed, but her work lives on in IASJ, in the faith-based investor community, and in the many people and communities for whom she advocated.

May she rest in peace and power, reunited with the friends and partners who walked alongside her in the work.

Want to see what IASJ has been up to this past proxy season and throughout the summer?Our Summer 2026 Magazine is here! ...
09/22/2026

Want to see what IASJ has been up to this past proxy season and throughout the summer?

Our Summer 2026 Magazine is here! Catch up on the latest from IASJ, including campaign updates, shareholder advocacy highlights, organizational news, and a look at the work moving our mission forward. Click the link below.

https://heyzine.com/flip-book/11e855b9ed.html

09/17/2026

Yesterday's proposal by the SEC to rescind Rule 14a-8 (the shareholder proposal rule) marks a historic, though not surprising, attempt to fundamentally undermine shareholder rights. IASJ strongly condemns this maneuver, which risks rolling back over 80 years of precedent and undercuts faith-based investors’ constitutionally-protected rights to invest in a manner aligned with their faith values. Furthermore, this proposal contradicts the SEC’s stated mission “to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation.”

For over 50 years, IASJ (formerly known as the Tri-State Coalition for Responsible Investment) has represented faith-based investors who have leveraged their holdings in companies to promote human rights, climate justice, racial equity, and the common good. Faith-based investors, including those whom IASJ represents, believe their investments should be made in accordance with the principles of their faiths – principles that uphold human dignity and care for creation.

As such, rescinding the shareholder proposal rule would greatly undermine shareholder rights and significantly impede faith-based investors’ ability to invest in and engage with companies in ways aligned with their faith, which could violate the Free Exercise Clause of the First Amendment.

Investor Advocates for Social Justice (IASJ) emphatically opposes this SEC action, and we will vigorously defend the shareholder proposal rule through the various channels at our disposal.

As described in our previous statement, we will continue filing shareholder proposals when we believe our dialogue approach is unfruitful. We will continue to engage with companies on the importance of the shareholder proposal process, for both investors and companies. And, we will continue to call on the SEC to carry out its stated mission “to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation.”

- Ruthly Cadestin, Executive Director

At the close of our summer strategy session, we invited each staff member to write one word on a Post-it describing how ...
09/10/2026

At the close of our summer strategy session, we invited each staff member to write one word on a Post-it describing how they felt as we looked toward the work ahead.

The words chosen (creativity, hope, inspired, and steadfast) reflected both the energy in the room and the spirit of our team. Each word tells a part of our shared story: the creativity to imagine new strategies and possibilities, the hope to believe that change is possible, the inspiration we draw from one another, and the steadfast commitment modeled by our affiliates, which encourages us to keep moving forward even when the work is challenging.

Together, these words remind us that strategy is about more than plans and priorities. It is also about the people carrying the mission forward and the values that keep us grounded along the way.

Behind every headline about our nation's aggressive immigration enforcement is a trail of human suffering likely facilit...
08/19/2026

Behind every headline about our nation's aggressive immigration enforcement is a trail of human suffering likely facilitated by big tech. In July, Lorenzo Salgado was the tenth person to be fatally shot by Immigration and Customs Enforcement (ICE) officers since President Trump began his second term. Mass detention policies have led to the incarceration of more than six thousand children, some as young as two months old. At Delaney Hall, just five miles from my New Jersey convent, detainees went on a multi-week hunger and labor strike, leading to protests outside the gates which were met with violence by ICE and police, including the now-infamous pepper-spraying of a U.S. Senator.

My heart has been broken repeatedly over the past year as I have volunteered outside Delaney Hall and listened to the stories of families torn apart by mass detention. One woman’s husband was held for four months after ICE agents forcibly removed him from a domestic flight to Florida. They were headed to Disney World on vacation. I recently consoled two teenage girls trying to locate their sister and uncle who were taken when ICE agents stopped their vehicle outside a local shopping center after scanning their license plate.

These stories are anecdotal, but they give me pause. They point to the use of personal data by ICE officers, powered by Artificial Intelligence. “The use of AI is never a purely technical matter,” writes Pope Leo in his recent encyclical Magnifica Humanitas, “when it enters processes that affect people's lives, it touches on rights, opportunities, status and freedom.” Because they have a “particular ethical and spiritual responsibility,” Pope Leo calls on developers to “transparency, responsibility toward affected communities, and careful attention to ensuring that what is being cultivated is a genuine good.”

As responsible investors, the Sisters of St. Joseph of Peace believe that technology is meant to serve not harm humanity. This belief was behind our recent shareholder proposal asking Palantir to conduct a human rights impact assessment examining the actual and potential human rights impacts associated with the issue of their products and services. Our concern centers on the use of Palantir software by governmental agencies and corporations to violate human rights, including by ICE to track individuals for detention, deportation, and revoking immigration status.

More than 150 interfaith faith leaders and organizations signed a letter urging Palantir to assess and address the human rights impacts of its technology. Thirty-four investors representing over $336 billion in assets sent a letter to the Palantir Board expressing concerns about insufficient due diligence and transparency, particularly given the Company’s publicly stated commitments to international human rights standards.

In addition to the concerns outlined in our proposal about use by U.S. government agencies like ICE, the U.K. government is now reviewing its National Health Services contract with Palantir over the handling of private health data. The United Nations has raised the alarm about Palantir’s strategic partnership with the Israeli military, which provides software to automated decision-making for identifying targets in Gaza.

At the June annual general meeting, more than half of external independent shareholders-fifty-six percent supported our proposal. This is significant and sends a message to management that its shareholders are concerned about potential human rights abuses facilitated by the use of Palantir technologies, both by governments and private companies around the world. While the proposal failed to pass, receiving thirteen percent support, keep in mind that because of Palantir’s three-class share structure, Alex Karp, Steven Cohen, and Peter Thiel retain 49.999999% of the voting power. This outsized control makes it impossible for proposals brought by other shareholders to win an overall majority.

Some have asked why we continue to invest in companies like Palantir if we are so concerned about the potential misuse of their technology. We understand and respect that some of our investor peers have chosen to divest instead of continuing to pressure the Company through ongoing shareholder engagement. We believe that staying invested allows us to continue to exert meaningful pressure for the company to improve its human rights practices.

As Pope Francis noted, AI systems “end up reflecting and reinforcing the stereotypes or ideological biases of their designers and developers.” Three individuals essentially have control over the direction of the company. Other voices are needed, and so we will stay at the table to raise moral and ethical questions and give voice to the real-life human impacts.

Op-Ed by Sr. Susan Francois, Sisters of St. Joseph of Peace

We are delighted to welcome Emily Barkley to Investor Advocates for Social Justice as our new Program Associate for the ...
08/07/2026

We are delighted to welcome Emily Barkley to Investor Advocates for Social Justice as our new Program Associate for the Climate + Dignity Campaign. Emily joined IASJ in August 2026 and brings a background in environmental health, climate policy, and community-centered advocacy that will strengthen our work alongside affiliates and partners.

Emily's passion for environmental justice began through her experiences in domestic and international public health, leading her to pursue advanced study in environmental health sciences and climate. Before joining IASJ, she served in a variety of public health, environmental policy, and research roles, including with Clean Water Action, the North Carolina Environmental Justice Network, CMMB, and Area 25 Community Hospital in Malawi. She also served as a Team Leader and Product Inventor for Women In STEM Solving Problems (WISSP), where she was named on the design and utility patents for a hybrid sanitary napkin created to support teen girls living in Malawi's Dzaleka Refugee Camp.

Throughout her career, Emily has worked at the intersection of environmental justice, public health, and community engagement, translating scientific research into accessible resources, developing policy briefs, collaborating with diverse stakeholders, and evaluating programs that advance environmental equity and holistic health. She earned both her Bachelor of Science in Environmental Health Sciences and her Master of Public Health in Environment, Climate and Health from the University of North Carolina at Chapel Hill.

As IASJ continues to expand its Climate + Dignity work, Emily's expertise and collaborative spirit will help strengthen our partnerships and deepen our efforts to advance environmental justice through shareholder advocacy.

Please join us in welcoming Emily!

We did it together! Thanks to the incredible generosity of our members, partners, and supporters, we've reached our $25,...
07/23/2026

We did it together! Thanks to the incredible generosity of our members, partners, and supporters, we've reached our $25,000 goal and received a matching grant from the Sisters of St. Joseph of Peace! This is another win for shareholder advocacy and for the communities we serve. Every gift, every share, and every word of encouragement helped make this possible. Together, we're ensuring that investors continue to have a powerful voice in advancing corporate accountability.

Thank you for standing with us. The work continues, and we're so grateful you're on this journey with us. 💙

Please join us in congratulating Aaron Acosta on his well-deserved promotion to Senior Director: Legal and Programmatic ...
07/22/2026

Please join us in congratulating Aaron Acosta on his well-deserved promotion to Senior Director: Legal and Programmatic Initiatives!

Aaron has been an effective driving force at Investor Advocates for Social Justice. For the past three years, he has advanced IASJ's vision with professionalism and dependable expertise.

Aaron's integrity and professionalism shine through in how he connects with each person he meets, mirroring the heart of why so many of us in the shareholder advocacy space do this work and our overwhelming passion for human rights.

"I have personally witnessed Aaron's dedication and passion for this work in his interactions with investors, companies, and stakeholders alike," stated IASJ's Executive Director, Ruthly Cadestin.

In his new role, Aaron will continue spearheading our campaigns while enhancing our current initiatives. I look forward to all the great accomplishments Aaron will make in this new role and beyond. Aaron is a true champion within this chapter of IASJ's history, and we are tremendously grateful for him.

We're making progress, thank you!Because of the generosity of our community, we're getting closer to unlocking our $25,0...
07/03/2026

We're making progress, thank you!

Because of the generosity of our community, we're getting closer to unlocking our $25,000 matching grant. Every donation brings us one step closer to ensuring that shareholder advocacy remains a powerful force for human rights, racial justice, climate action, and corporate accountability.

If you've already given, thank you for investing in this work. If you haven't yet, there's still time to help us reach the finish line. Together, we can unlock the full match and strengthen this movement for the next 50 years.

Donate today: https://givebutter.com/PalantirHumanRights

Investor Concern Over Microsoft’s Human Rights Due Diligence Heightens as Co-filer Holdings Nearly QuadrupleThe Religiou...
07/02/2026

Investor Concern Over Microsoft’s Human Rights Due Diligence Heightens as Co-filer Holdings Nearly Quadruple

The Religious of the Sacred Heart of Mary, Eastern American Area, and a large investor group of 55 co-filers, collectively holding more than $300 million in MSFT stock, refiled last year’s Human Rights Due Diligence (HRDD) shareholder proposal at Microsoft. The lead filer and co-filers represent a broad cross-section of the investor community from the US, Europe, the UK, and Australia, and include faith-based institutional investors, asset managers, family offices, pension funds, individual shareholders, and former Microsoft employees. The $300 million in Microsoft stock represented by this year’s filers is almost four times as much as last year’s $80 million held by the 60 filers.

The lead filer and co-filers decided to refile the proposal in an effort to hold Microsoft to the high standard the Company has committed itself to, and to continue applying the meaningful pressure that has helped Microsoft to remain a human rights leader in the tech sector. The proposal was prompted by concerns about whether Microsoft’s existing processes are effective at preventing customer misuse of its AI and cloud products in ways that violate human rights or international humanitarian law. “As a faith-based investor, I believe it is critical for Microsoft to ensure that its technology is not used to violate human rights,” said Sr. Maria Timoney of The Religious of the Sacred Heart of Mary, Eastern American Area – the lead filer of the proposal. Last year’s proposal received a significant 26% of shareholder support (which is very rare during this current geopolitical climate). Also, stated by a co-filer, “The Congregation of the Sisters of St. Joseph of Peace (CSJP) strongly supports the Religious of the Sacred Heart of Mary’s proposal demanding a transparent review of Microsoft’s Human Rights Due Diligence (HRDD) process. Following our own recent shareholder filing against Palantir, where 56% of non-insider investors voted for a human rights impact assessment, it is clear that investors expect greater corporate responsibility regarding how tech products are deployed. As Pope Leo XIV notes, ‘technology is never neutral.’ Microsoft must ensure its cloud infrastructure and technologies uphold the dignity of all people, including immigrants and vulnerable communities.” – Susan Francois, CSJP, Assistant Congregation Leader.

Read the full statement here: https://iasj.org/investor-concern-over-microsofts-human-rights-due-diligence-heightens/

Address

40 S Fullerton Avenue
Montclair, NJ
07042

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+19735098800

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