{"id":40239,"date":"2024-03-02T16:23:22","date_gmt":"2024-03-02T21:23:22","guid":{"rendered":"https:\/\/test.greenmoney.com\/2025\/?p=40239"},"modified":"2024-03-06T00:05:49","modified_gmt":"2024-03-06T05:05:49","slug":"praxis-mutual-funds-releases-real-impact-2023-report","status":"publish","type":"post","link":"https:\/\/test.greenmoney.com\/2025\/praxis-mutual-funds-releases-real-impact-2023-report\/","title":{"rendered":"Praxis Mutual Funds Releases \u201cReal Impact 2023\u201d Report"},"content":{"rendered":"
>> Back to March 2024 Issue<\/a><\/div>\n
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Highlights how unique stewardship investing approach promotes real-world change through seven\u00a0impact\u00a0strategies<\/span><\/i><\/h2>\n

\"Real<\/a>Praxis Mutual Funds\u00ae, a leading faith-based, socially responsible family of mutual funds from Everence Financial\u00ae, recently released its annual impact report.\u00a0<\/span><\/p>\n

The <\/span>Real Impact 2023 Report<\/span><\/a> shares specific real-world\u00a0impacts\u00a0arising from the\u00a0Praxis\u00a0team\u2019s work to fulfill its stewardship investing mission.<\/span><\/p>\n

\u201cWe are proud to celebrate 30 years of serving you, our investors, as you align your faith, values and investments in a way that makes a difference,\u201d<\/span><\/i> writes\u00a0Praxis\u00a0Mutual Funds President\u00a0<\/span>Chad Horning<\/span><\/a>, CFA\u00ae in the\u00a0report\u2019s introduction. <\/span>\u201cIn this\u00a0report, our team shares the many ways your participation with\u00a0Praxis\u00a0creates ripples of positive\u00a0impact\u00a0in communities around the world.\u201d<\/span><\/i><\/p>\n

The\u00a0report, like the team\u2019s work, is organized around the seven distinct\u00a0impact\u00a0strategies that make up the\u00a0Praxis\u00a0ImpactX framework:<\/span><\/h2>\n
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  • Values + ESG Screening. <\/b>Praxis\u00a0screens exclude 8-20% of companies in our stock indices.<\/span><\/li>\n<\/ul>\n
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    • Proxy Voting<\/b>.\u00a0Praxis\u00a0voted on nearly 18,000 proposals on behalf of shareholders.<\/span><\/li>\n<\/ul>\n
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      • ESG Integration. <\/b>Praxis\u00a0doesn\u2019t just screen out; we also invest in \u2013 or invest a higher weight into \u2013 companies with better ESG risk\/opportunity profiles.<\/span><\/li>\n<\/ul>\n
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        • Positive Impact Bonds.\u00a0<\/b>36% of holdings of the diversified Praxis Impact Bond Fund were invested in impact bonds as of Dec. 31, 2023.<\/span><\/li>\n<\/ul>\n
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          • Company Engagement. <\/b>Topics include human rights, online child exploitation, the low carbon transition, antibiotic overuse and more.<\/span><\/li>\n<\/ul>\n
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            • Advocacy and Education. <\/b>Praxis\u00a0supported three initiatives addressing the SEC, U.S. Government and U.S. House of Representatives on issues of concern to values-driven investors.<\/span><\/li>\n<\/ul>\n
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              • Community Development Investing. <\/b>Approximately 1% of\u00a0Praxis\u00a0Mutual Fund assets are dedicated to high-impact\u00a0community development investments.<\/span><\/li>\n<\/ul>\n
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