A recent article in ImpactAlpha, a publication dedicated to highlighting the work of impact investments in our global community, praises the longtime dedication of religious congregations, including the Sisters of Mercy, in the shareholder advocacy and community investing fields. The Sisters of Mercy began making community investments in the 1970s; this investing continues today through Mercy Partnership Fund, which recently celebrated its 25th anniversary. The article says:
“Groups like the Adrian Dominican Sisters and the Sisters of Mercy were not only instrumental in early efforts to hold public companies more accountable, but were pioneers in impact-first investing. They were amongst the very first to provide low interest loans to nascent community development finance institutions (CDFIs)… They have remained steadfast and true to this commitment over the ensuing decades and continue to be pioneers in our sector.”
Click here to read the full article.