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Vatican

Holy See confirms investigation of Order of Malta

January 17, 2017. The Holy See has issued a statement Tuesday in response to "attempts by the Order of Malta to discredit” the new group established by the Vatican to conduct the investigation of why the Chancellor of the Order of Malta was asked to step down.
World

Pope sends condolences for victims of Turkish cargo jet crash

January 16, 2017. On Monday morning, a Turkish cargo plane has tragically crashed in Kyrgyzstan, killing dozens and hospitalizing many others. Many homes and vehicles in the small village are also destroyed. As a result, Vatican Secretary of State, Pietro Parolin has sent a message of condolences to the victims of the disaster on behalf of Pope Francis.
Vatican

Pope Francis to meet with Palestinian president on Saturday

January 11, 2017. Pope Francis will meet with Palestinian president, Mahmud Abbas on Saturday, January 14, at the Vatican to inaugurate the new Palestinian embassy to the Holy See.
Vatican

Former Director of the Vatican's school for diplomats, Justo Mullor dies

December 30, 2016. The smiling archbishop Justo Mullor died this morning in Rome, at the Pío XI Clinic. He was 84 years old.
Pope Francis

Pope approves new decrees for the Causes of Saints

December 22, 2016. On Wednesday, December 21, Pope Francis authorized the following decrees for the Causes of Saints:

Fidelis International Institute

2009-08-11

That’s the main idea behind the Fidelis International Institute of Rome dedicated to promoting ethical practices in the world of business.

This institution guides investors in deciding if an investment is worth their money on a certain company.

Maciej Bazela
Analyst, Fidelis International Institute

When we receive a name of a company from a potential investor, we just ask certain questions regarding ethical conduct, we have nine major criteria regarding human life, human rights, stewardship of the environment, cooperation with corrupt governments, and a few others.

The institute has studied 600 companies. They’ve identified the ones that practice unethically, as well as the ones that promote practices that benefit the environment, the poor and the family.

Maciej Bazela
Analyst, Fidelis International Institute

One example would be flexibility of work, for instance working from home, or working part time, or having a right to extended paternity leave or maternity leave, another would be some financial benefits for families like vouchers for kids, or having a kindergarten next to a work of place or having insurance for entire family or having a retirement plan for the good of the family.

The institute also offers courses, publishes books and articles, and conducts academic research in business ethics because they’re interested in educating leaders that practice these values at work.

Marcelo Benitez
Director, Fidelis International Institute

We found a very alarming practice that also was part of the process of this crisis which is the short term oriented profit-seeking of the companies, and specially of the directors or CEO’s of the companies, where this short term approach which is mentioned also on the encyclical forbids the company to look on the long term for the benefit of their shareholders and also on the benefit of the whole society.

Fidelis International Institute has a 12 person team with locations in Italy, Spain, United States and Mexico. They say that the more often companies get excluded from funds for ethical reasons, the more they will be motivated to change their practices.