Faith-Based Investing | September 13, 2021

Catholic investors mobilize to steward church assets toward impact

Dennis Price
ImpactAlpha Editor

Dennis Price

ImpactAlpha, Sept. 13 – With a new membership program and online investment platform, the Catholic Impact Investing Collaborative aims to accelerate the flow of Catholic financial resources toward impact investments.

The collaborative has garnered commitments from more than 30 Catholic investigations with more $40 billion in assets to integrate impact investments into their portfolios (for context, see “Catholic institutions pledge to increase impact investments in climate action and social equity).

The 15 members include Catholic Relief Services, Mercy Investment Services, the OIP Investment Trust, the Franciscan Sisters of Mary and Ascension. The platform has sourced 20 private market impact investment opportunities.

Congregations of religious women in the U.S. have for decades directed capital to undercapitalized local communities. “Under the banner of impact investing, the collaborative is poised to write a new chapter on the Gospel call to care for people and planet,” says OIP Investment Trust’s Fr. Séamus Finn.