Sisters of St. Francis, the Quiet Shareholder Activists – NYTimes.com

Sisters of St. Francis, the Quiet Shareholder Activists – NYTimes.com.

Nuns Who Won’t Stop Nudging

ASTON, Pa.

NOT long ago, an unusual visitor arrived at the sleek headquarters of Goldman Sachs in Lower Manhattan.

It wasn’t some C.E.O., or a pol from Athens or Washington, or even a sign-waving occupier from Zuccotti Park.

It was Sister Nora Nash of the Sisters of St. Francis of Philadelphia. And the slight, soft-spoken nun had a few not-so-humble suggestions for the world’s most powerful investment bank.

Way up on the 41st floor, in a conference room overlooking the World Trade Center site, Sister Nora and her team from the Interfaith Center on Corporate Responsibility laid out their advice for three Goldman executives. The Wall Street bank, they said, should protect consumers, rein in executive pay, increase its transparency and remember the poor.

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Read the full story here: The New York Times

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