PRINCIPLES OF STEWARDSHIP Sample Clauses

PRINCIPLES OF STEWARDSHIP. The entangled web of corporate relationships that is today’s economy almost makes it impossible to know all the effects of investing in a single company, specific security, or investment fund can produce. Nevertheless, the Foundation must do all it can to assure that it invests in those corporations and institutions that promote human dignity and enhance the common good. What this means in terms of investments is that revenue should not be gained if it is gained by unjust means, comes at the expense of human life, reduces the human dignity of others, or leads to the destruction of our common home. Investment strategies are to be based on Catholic moral principles as outlined in the teachings of the Holy See and the statements of the United States Conference of Catholic Bishops (USCCB). Companies, securities, or investment funds that produce a significant amount of revenue from immoral activities should not be invested in. Defining what constitutes a significant amount is a matter of prudence as defined in the policies below. Two principles of stewardship must guide the path of socially responsible investing: Principle 1: The Foundation should exercise responsible financial stewardship over its economic resources. In practical fiscal terms, this means obtaining a reasonable rate of return on investments. A reasonable rate of return is considered one that matches the level of the market or at the least allows the Foundation to meet its fiduciary responsibilities and maintain its mission. This requires prudence and caution in terms of the risks taken or not taken. Principle 2: The Foundation will exercise ethical and social stewardship in its investments. Socially responsible investment involves investment strategies based on Catholic moral principles. These strategies are based on the moral demands posed by the virtues of prudence and justice. However, the Foundation recognizes the reality that it may not be practical to apply social stewardship principles to portfolios of mutual funds and to international
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Related to PRINCIPLES OF STEWARDSHIP

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  • Consideration of Criminal History in Hiring and Employment Decisions 10.14.1 Contractor agrees to comply fully with and be bound by all of the provisions of Chapter 12T, “City Contractor/Subcontractor Consideration of Criminal History in Hiring and Employment Decisions,” of the San Francisco Administrative Code (“Chapter 12T”), including the remedies provided, and implementing regulations, as may be amended from time to time. The provisions of Chapter 12T are incorporated by reference and made a part of this Agreement as though fully set forth herein. The text of the Chapter 12T is available on the web at xxxx://xxxxx.xxx/olse/fco. Contractor is required to comply with all of the applicable provisions of 12T, irrespective of the listing of obligations in this Section. Capitalized terms used in this Section and not defined in this Agreement shall have the meanings assigned to such terms in Chapter 12T.

  • Names of Stewards The Union shall notify the Employer in writing of the name of each Xxxxxxx and the area the Xxxxxxx represents and the name of the Chief Xxxxxxx, before the Employer shall be required to recognize the Xxxxxxx.

  • Principles 1.1.0 The Trust will be governed by the employee representatives and the employer representatives, together with the Crown;

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