How can Catholics invest in ways consistent with their Faith?
Last Friday, the Pontifical Academy of Social Sciences published a document subtitled āFaith-Based Measures for Catholic Investors: A Starting Point and Call to Actionā with advice on just that!
āNo human domain or experience, including investing, is outside of Godās care, or beyond reach of Godās grace.ā
The document says investing money cannot be morally neutral.
Instead, it explains āeither Godās kingdom is being advanced by the assets we deploy, or it is being neglected and undermined.ā
āFaith cannot be a private reality, a set of private and personal convictions and a private doctrine and worship. [Faith] is incomplete without a vision of the world and our place within it, namely, our works.ā
Faith-consistent investing āgoes much further in terms of moral responsibilityā because it must consider the āvision of the human person, his/her integral development and vocation in relationship with God, with other persons and with creation.ā
Issues to consider run the gamut of Catholic teaching: abortion, nuclear weapons, capital punishment, water access, animal experimentation, glorifying violence, indigenous rights, āhuman dignity, care for creation and inclusive growth through united action bound by love.ā
Although it is without any āprescriptive power or force,ā the document says ācooperation between Catholic asset owners at a national and international level, including Vatican and Holy See entitiesā must be a top priority in order to promote āthe commitment to greater alignment between the management of assets and the broader mission of the church.ā
Although not addressed to individual investors, the document said it hoped all Catholics would recognize the implications of their investments and their Faith.
Pray for Faith-consistent investing!
Read the document here.