Nora Nash
Nora Nash is a Sister of St. Francis of Philadelphia and shareholder activist.[1] She is a member of the Philadelphia Coalition for Responsible Investment as well as the Interfaith Center on Corporate Responsibility (ICCR). Nash is also a speaker at Neumann University and other universities on justice and advocacy.[2]
Early life
[edit]Nash grew up in Limerick County, Ireland. In her early life, Nash dreamed of becoming a missionary in Africa, but in 1959, she arrived in Pennsylvania to join the Sisters of St. Francis, an order founded in 1855 by Mother Francis Bachmann, a Bavarian immigrant focused on social justice. Nash took her Franciscan vows of chastity, poverty, and obedience two years later, in 1961.[1]
Shareholder advocacy
[edit]Nash is the director of corporate responsibility for the Sisters of St. Francis of Philadelphia.[3]
Wells Fargo
[edit]On April 24, 2017, Mercury news reported that Nash was a co-filer of a resolution that demanded that Wells Fargo's board order a comprehensive report about the root causes of the bank's fraudulent activity in a September 2016 scandal involving unauthorized cross-selling and the creation of fake accounts, and the steps taken to improve risk management and control processes.[4]
Exxon Mobil
[edit]Nash was part of a group of investors, who in 2017, put forth a historic climate-change resolution at ExxonMobil which was passed with 62 percent of shareholders voting "yes". ExxonMobil board had recommended voting against the resolution.[3]
Awards and recognition
[edit]Nash has been recognized[vague] by the Interfaith Center on Corporate Responsibility as well as in a November 12, 2011 profile in the New York Times which referred to Nash as "one of the most surprising" corporate activists for her shareholder advocacy work.[1][5]
References
[edit]- ^ a b c Roose, Kevin (2011-11-12). "Sisters of St. Francis, the Quiet Shareholder Activists". The New York Times. ISSN 0362-4331. Retrieved 2017-04-25.
- ^ "Sister Nora Nash, O.S.F. | Partners for the Common Good". www.pcgloanfund.org. Retrieved 2017-04-25.
- ^ a b "ExxonMobil shareholders vote 'yes' on climate-change analysis, including Vanguard". Philly.com. Retrieved 2017-06-21.
- ^ "Activists pressure Wells Fargo before shareholders meet". 24 April 2017. Retrieved 2017-04-25.
- ^ "ICCR Honors 2014 Legacy Award Winner Sr. Nora Nash, OSF | ICCR (Interfaith Center on Corporate Responsibility)". www.iccr.org. 18 September 2014. Retrieved 2017-04-26.
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