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A ‘Pope Francis’ label for financial investments presented at the Vatican

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MONEY

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Jesús Colina - published on 04/08/22

A new values-driven tool inspired by Pope Francis has been presented at the Vatican to promote just markets and investments.

Pope Francis’ encyclicalsFratelli tutti and Laudato si’ can serve as a framework for establishing ethical standards in finance. “Values’ Metrics” – an investment analysis tool inspired by Pope Francis’ texts on environmental, social and governance issues – was presented at the Vatican on April 7, 2022 by Cardinal Peter Turkson, recently appointed chancellor of the Pontifical Academies of Sciences and Social Sciences by the pontiff.

The former prefect of the Dicastery for the Service of Integral Human Development made a point of presenting this project, which he accompanied during his mandate, which ended last December. In front of some 60 representatives of the financial world, he explained that he believes it is necessary to “help investors by offering them advice consistent with the faith and social doctrine of the Church.”

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Tags:
FinancePope FrancisVatican
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