Fort Worth Diocese presses FedEx on risk of shipping mifepristone to states that restrict abortion
Catholic investors are urging a major shipping company to account for the legal risk of carrying abortion drugs across state lines.
At FedEx’s annual meeting on Sept. 28, the Diocese of Fort Worth, Texas, sponsored a shareholder proposal asking the company to analyze the regulatory and reputational risks of continuing to ship the abortion pill mifepristone into states where abortion is illegal.
“Given its prevalence as one of the largest shipping services in the United States, we wanted to highlight the risk that FedEx may be posing for its shareholders if the Comstock Act is enforced and it continues to ship mifepristone, one of the key drugs used in the abortion pill regimen,” Bishop Michael Olson wrote in a letter to other Catholic bishops, asking them to vote for the proposal if their dioceses own shares in the company.
Olson told EWTN News he posted the letter on a bishops-only website of the U.S. Conference of Catholic Bishops. Citing the U.S. bishops’ Socially Responsible Investment Guidelines , he called the proposal “part of the process of exercising stewardship over” the diocese’s public equities and “an opportunity to further the culture of life.”
The proposal…
