Fond du Lac (Wisconsin) Nuns Get Northrop Grumman to Dump ALEC
No word on why The Congregation of Sisters of St. Agnes originally invested in the Military Industrial Complex, but ...
http://www.prwatch.org/node/12719
Defense contractor Northrop Grumman has ended its relationship with the American Legislative Exchange Council (ALEC), thanks to shareholder engagement from the Fond du Lac, Wisconsin-based Congregation of Sisters of St. Agnes.
“As a major defense contractor it is significant that the company follow the lead of many major corporations that have left ALEC in recent months,” said Sister Sally Ann Brickner, who manages the Congregation’s Socially Responsible Investment Portfolio. The Catholic organization is a Northrop Grumman shareholder and filed a resolution asking the company to review its affiliation with ALEC and other lobbying organizations, which the sisters say prompted the company to leave ALEC.
Notably, at ALEC's meeting in Washington, D.C. last month, ALEC held a workshop warning that the forms of shareholder engagement practiced by the Fond du Lac nuns "threatens corporate free speech."
Emphasis mine.
