invest

Today’s s ecological and social crises raise new ethical challenges for Catholics and people of good will. We are all called to respond with, among other things, more sustainable lifestyle choices and a re-examination of how our money is being invested.

In this paper we provide evidence that the conventional understanding of socially responsible investment generally accepted by Catholic investors is no longer ethically sufficient or scientifically sound. This is because we need to face the reality of what is happening to our common home and respond to the cry of the Earth and the cry of the poor.

Given these crises, the purpose of this paper is to assist Catholic individuals and institutions to align their investments with Catholic beliefs and values. Pope Francis’ historic encyclical Laudato si’: On Care for our Common Home provides the direction for us to respond to many issues in our care for each other, and our care for the earth. Laudato Si’ articulates the Catholic principles that can be used to inform how we invest 1 . Laudato Si’ draws on Church Social Teaching, the Judeo Christian tradition and the best available science. It makes clear the importance of responding to biodiversity loss, water and climate change and their root causes.

Pope Francis calls for widespread economic, social and political reform based on a new principle he calls “integral ecology”” (para. 11; Chapter 4). His Holiness states that on climate change there is a clear, definitive and ineluctable ethical imperative to act. Unprecedented destruction could happen due to the disruption of the climate (para. 24, para. 161). There is an urgent need to develop policies so that, in the next few years, the emission of carbon dioxide and other highly polluting gases can be drastically reduced, for example, by substituting for fossil fuels and developing sources of renewable energy (para. 26, para. 165).

This paper describes the process of applying Catholic Social Teaching principles, including integral ecology, to our investments as individuals and institutions.

Download the full PDF here

Important Announcement

Catholic Earthcare is the part of the Australian Catholic Bishops Conference which promotes ecological conversion to achieve a loving and sustainable relationship with the natural world. It uses environmental education, national and international links and advocacy to achieve this goal.

In May 2017, the Australian Catholic Bishops Conference decided to incorporate Catholic Earthcare Australia into its sister agency, Caritas Australia. This change was made to strengthen the capacity of Catholic Earthcare Australia, particularly in advocating and educating about the principles of Holy Father’s 2015 encyclical, Laudato Si, and to achieve synergies with Caritas Australia’s extensive education and advocacy work around Australia, including parishes, schools and the wider Catholic community on environmental issues such as climate change.

Caritas Australia is the Church’s international aid and development agency.  As part of the global Caritas confederation operating in 190 countries, it works alongside marginalised communities in many countries and with 11 First Australian agencies here in Australia.  Promoting the principles of Laudato Si is at the centre of the global confederation and of Caritas Australia.

This website is being refined to reflect the new administrative arrangements for Catholic Earthcare Australia. For all enquiries in relation to the work of Catholic Earthcare Australia or to request assistance, please call  1800 024 413 or email CatholicEarthcare@caritas.org.au.

Thank you for your ongoing support of Catholic Earthcare Australia and your commitment to combating climate change and protecting the environment and ecosystems from degradation and pollution.