A Principled Approach to Implementation of the recently-revised USCCB SRI Guidelines

November’s release of the USCCB’s revised socially responsible investing guidelines has Catholic fiduciaries wondering: What’s changed? And, How should we adapt to this new guidance? Exploring these questions is the focus of the second webinar in our new series, which emphasizes principles of mission-aligned investment programs for Catholic institutions. The webinar brings forth ideas for implementing the USCCB guidelines in institutional portfolios, and dispelling certain performance myths about Catholic-aligned portfolios. This webinar features: Scott Malpass, CIS Co-Founder & Board Chair and retired CIO of the University of Notre Dame; Steve Schott, Principal and Senior Director, Institutional Religious Retirement and Foundation Services, CapTrust; and Bernard Brenninkmeijer, Executive Director of Constanter Philanthropic Services, Chairman of Porticus North America Foundation and Board member of FADICA.  

00:00 – Webinar opens, attendees join
00:05 – Tom Lanctot, CIS CEO, welcome and introductions
03:10 – Opening prayer
03:40 – Tom Lanctot, opening remarks
04:50 – Zela Astarjian, CIS Managing Director, History of the USCCB SRI Guidelines
07:25 – A practitioners approach to implementation of the USCCB guidelines
11:50 – Creating the right alignment dialog with the asset management community
13:40 – How do the European Bishops guidelines differ from the U.S. Bishops guidelines
15:55 – Institute for the Works of the Religion (IOR), Vatican Bank’s Faith-consistent investment policy
19:10 – What are some of the changes to the recently-revised USCCB guidelines
25:00 – How do Catholic institutions align their investments, importance of developing a policy
29:40 – Addressing the Misperception, that Catholic alignment of investments will produce concessionary performance returns
38:40 – Perspective on a foundation’s journey to responsible investment
41:40 – Q: What are some of the opportunities available for responsible investment?
44:25 – Q: How do you measure impact and alignment?
47:40 – Q: How does an institution incorporate engagement, ESG and Impact investing?
49:00 – Q: How to develop strategic asset allocations and forecast investment performance return?
52:00 – Q: What data providers can investors access to help align investment portfolios?
53:55 – Q: Divestment vs. Engagement
55:00 – Thank you and closing