Vatican News portal reports that the Institute for the Works of Religion (IOR), the financial arm of the conciliar sect occupying the Vatican, has published its 2025 Sustainability Report, boasting of €67.6 million in “economic value” generated and a “double materiality” assessment aligned with the European Union’s Corporate Sustainability Reporting Directive (CSRD) and Global Reporting Initiative (GRI) standards. The report details the distribution of profits—36% to the antipope Leo XIV (Robert Prevost), 23% to employees, 14% to suppliers—and highlights “environmental impact reduction,” “digitalisation,” and “financial education” as achievements. This document is not a testament to Catholic stewardship but a manifesto of the neo-church’s total capitulation to Masonic naturalism, reducing the Bride of Christ to a mere NGO serving the god of Mammon under the guise of “social doctrine.”
The Neo-Church’s Financialization of the Faith: ESG as New Gospel
The cited article relates that the IOR operates “an active investment approach that combines careful selection of investments with clients’ investment objectives and risk profiles” while excluding “financial instruments linked to companies engaged in activities considered harmful to human life, the environment, society or good governance.” This language is not Catholic; it is the vernacular of the synagogue of Satan (Apoc. 2:9), the lexicon of the Masonic New World Order. The “Church’s Social Doctrine” invoked here is a counterfeit, stripped of its supernatural soul—the regnum Christi—and refashioned into a tool for “sustainable finance” and “long-term value creation.”
Pope Pius XI, in Quas Primas (1925), thundered that “the hope of lasting peace will not yet shine upon nations as long as individuals and states renounce and do not wish to recognize the reign of our Savior” and that “when God and Jesus Christ… were removed from laws and states and when authority was derived not from God but from men, the foundations of that authority were destroyed.” The IOR report derives its authority from the EU’s CSRD and the GRI—human, secular, Masonic constructs. It acknowledges no Kingship of Christ over finance, no Social Reign of the Sacred Heart, only the reign of “ESG factors.” This is the “secularism of our times, so-called laicism” condemned by Pius XI, now institutionalized in the very “bank of the Pope.”
“Double Materiality”: Submission to Masonic European Directives
The article states the report was prepared using a “double materiality” assessment inspired by the principles of the European Corporate Sustainability Reporting Directive (CSRD). Here is the smoking gun of the conciliar sect’s apostasy: the “Church” voluntarily submits its financial conscience to a directive born of the anti-Christian European Union, a construct explicitly designed to erase Christ from public life. The Syllabus of Errors (1864) condemns as error the proposition that “The civil government… has a right to an indirect negative power over religious affairs” (Error 41) and that “The Church ought to be separated from the State, and the State from the Church” (Error 55). Yet the IOR, the “only institution authorized to carry out professional financial activities in Vatican City State,” adopts the State’s own reporting framework as its moral compass.
As in the previous edition, the report was prepared using a “double materiality” assessment inspired by the principles of the European Corporate Sustainability Reporting Directive (CSRD) and with reference to the Global Reporting Initiative (GRI) Standards…
This is haeresis in facto: the replacement of the Magisterium by the mandatum of Brussels. The “double materiality” doctrine—assessing impact on both the enterprise and the “environment/society”—is a secular accounting heresy that knows nothing of materiality before the Divine Majesty. It is the “abomination of desolation” (Matt. 24:15) standing in the holy place of the Church’s patrimony.
The Illusion of “Catholic Ethical Principles” in Service of Profit
The article claims “all Asset Management products remained fully compliant with Catholic ethical principles while recording positive gross returns.” This is the lie of the “economy of Francesco”—the baptism of usury and speculative finance under a veneer of “exclusion lists.” True Catholic social doctrine, as taught by Leo XIII in Rerum Novarum and Pius XI in Quadragesimo Anno, condemns the concentration of wealth, the tyranny of capital, and the separation of ownership from moral responsibility. The IOR manages €142.5 million in “value” for clients—pecunia non olet—while the neo-church hierarchy promotes Fratelli Tutti universal fraternity without the Fatherhood of God.
St. Pius X in Lamentabili Sane Exitu (1907) condemned the Modernist proposition that “The Church is an enemy of the progress of natural and theological sciences” (Prop. 57) and that “Christian doctrine was initially Jewish, but through gradual development, it became first Pauline, then Johannine, and finally Greek and universal” (Prop. 60). The IOR’s “evolution” of Catholic finance into ESG-compliant asset management is precisely this Modernist evolution: dogma yields to market trends; the Depositum Fidei yields to the Depositum Carboni.
Distribution to the Antipope: Simony and Usury Sanctified
The article reveals the obscene arithmetic: “The value created was distributed among the Holy Father (36%), employees (23%) and suppliers (14%)…” Thirty-six percent of the profits of a “Catholic” bank flow directly to the usurper on the Chair of Peter, Robert Prevost (“Leo XIV”), a manifest heretic who, by the teaching of St. Robert Bellarmine and Canon 188.4 of the 1917 Code, ipso facto lost all jurisdiction and membership in the Church the moment he professed the conciliar errors of religious liberty, ecumenism, and collegiality.
By notorious and publicly manifested heresy, the Roman Pontiff, should he fall into it, is deprived ipso facto of his personal jurisdiction even before any declaratory sentence by the Church… (Wernz & Vidal, Ius Canonicum)
This distribution is simony (Acts 8:18-20)—the buying and selling of spiritual things—sanctified by a “sustainability report.” The funds of the faithful, entrusted for the gloria Dei and salus animarum, finance the luxury and propaganda of the paramasonic structure occupying the Vatican. Pope Paul IV’s Bull Cum ex Apostolatus Officio declares the promotion of a heretic “null, void, and of no effect.” Yet the IOR treats the antipope as a legitimate “stakeholder” entitled to a dividend. Quis custodiet ipsos custodes?
Environmentalism as Idolatry: Creature Worship Over Creator
The article highlights “energy-efficiency measures, the use of renewable energy sources and initiatives aimed at reducing the consumption of raw materials” and a “37% reduction in paper purchases.” This is the cult of the creature rather than the Creator (Rom. 1:25), the “natural religion” condemned by Pius IX in the Syllabus (Error 78) and by Pius XI in Quas Primas as the endpoint of laicism: “there was no lack of states that thought they could do without God and that their religion was impiety and contempt for God.”
The neo-church’s “care for the environment” is a pagan Gaia-worship, devoid of the theocentric vision of Laudato Si’‘s authentic predecessor, St. Francis, who praised God through creation, not for creation. The IOR’s “digitalisation and dematerialisation” is a metaphor for the dematerialization of the Faith itself: the Unbloody Sacrifice of Calvary replaced by a “table of assembly,” the Sacrament of Penance replaced by “dialogue,” the Kingship of Christ replaced by “sustainable development goals.”
Silence on the Supernatural: The Grave Omission of Christ’s Kingship
The most damning evidence is what the report omits. Not a word of Jesus Christ, Redemption, Grace, Sin, Judgment, Heaven, or Hell. Not a syllable of the Social Reign of Christ the King instituted by Pius XI precisely to combat the “plague” of secularism. The article notes the IOR serves “more than 12,000 clients belonging to the Catholic Church or working in its service in over 110 countries.” It serves the institution of the conciliar sect, not the Mystical Body of Christ.
Pius XI taught: “His reign encompasses also all non-Christians, so that most truly the entire human race is subject to the authority of Jesus Christ… Let rulers of states therefore not refuse public veneration and obedience to the reigning Christ.” The IOR, by adopting the CSRD, refuses this obedience. It renders unto Caesar (Brussels) the things that are God’s. It is a spiritualis fornication with the powers of this world.
For the Father has appointed Christ heir of all things; and He is to reign until He has put all His enemies under the feet of God the Father at the end of the world. (Heb. 1:2; 1 Cor. 15:25)
The “Sustainability Report” is the balance sheet of the Church of the New Advent: solvent in euros, bankrupt in grace. Non est hic Deus. The true Church, the Ecclesia Militans persevering in the Traditio integra of pre-1958, has no part in this synagoga Satanae. Vade retro me, Satana (Matt. 16:23).
Source:
IOR releases 2025 Sustainability Report (vaticannews.va)
Date: 28.07.2026