The connection between long-term financial performance and the corporate responsibility and accountability of individual financial institutions has become increasingly clear in the years following the 2008 financial crisis. ICCR members seek greater transparency around high-risk and controversial trading activities and stronger regulations that will deter the type of excessive risk-taking that led to the near meltdown of 2008 and its painful and ongoing global repercussions.
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Featured ICCR Initiatives
Business Standards. ICCR members remain concerned by the ongoing flow of major bank settlements related to the financial crisis of 2008. ICCR is challenging Bank of America, Bank of New York Mellon, Citigroup, Goldman Sachs, J.P. Morgan Chase, Morgan Stanley and Wells Fargo to come clean about the steps they are taking to insure there are no future instances of misconduct, and to do more to strengthen their checks and balances to help their boards and management address risk and improve accountability and oversight.
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Featured Resources
Faith and Finance: Finding Common ground to Protect the Common Good