Shareholder advocacy
Praxis engages directly with companies and encourages them to pursue business practices that support positive social change.

Praxis engages directly with companies and encourages them to pursue business practices that support positive social change.
We believe God calls us to be faithful stewards of all God has entrusted us. In this topic, we focus on climate change and toxic chemicals.
Issue | Company | Latest engagement |
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Climate change – utilities | Duke Energy | Feb. 2022 Duke Energy released their latest clean energy action plan. The plan targets energy generated from coal to less than 5% of total generation by 2030 and to fully exit coal by 2035 as part of the largest planned coal fleet retirement in the industry. |
Climate change – utilities | Southern Company | March 2022 Southern released an ESG update that incorporates many of the issues Praxis and other shareholders encouraged the company document including net-zero goals, climate lobbying, Just Transition, and board independence. |
Climate Change – oil sands | Numerous banks | Feb. 2022 Signed on to investor statement to financiers of Enbridge Line 3 and other oil sands projects. The statement serves as an urgent signal to banks that these projects demonstrate multiple legal, environmental, and human rights risks without a social license to operate from affected Indigenous Peoples. |
Antibiotics | McDonald's | March 2022 Joined investor letter to McDonald’s calling on the company to fulfill its 2018 promise to set targets for reducing the use of medically important antibiotics throughout its global beef supply chain, and to set a global antibiotic use policy for pork. |
Plastic pollution | Jan. 2022 Joined investor statement calling for a global treaty on plastic pollution. Unsustainable plastic production, consumption, and waste continues to accelerate at an alarming rate. This statement supports efforts to find a global, harmonized, binding solution to plastic pollution. |
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Climate Change – oil and gas | ConocoPhillips | Nov. 2021 Dialogue with ConocoPhillips on climate change, including ConocoPhillips latest climate scenario report and its progress on its net-zero commitment. The conversation also included the topic of indigenous rights. |
Climate change - just transition | Dec. 2021 Signed onto a statement of investor expectations for job standards and community impacts to ensure a just transition to a decarbonized economy. | |
Climate change - proxy voting | ISS | Oct. 2021 Joined investor letter to ISS, expressing concern that the proxy service provider’s baseline policy doesn’t adequately factor in the risks of climate change with its recommendations. |
Climate change | Oct. 2021 Joined the 2021 Global Investor Statement to Governments on the Climate Crisis, the strongest ever call by global investors for governments to raise their climate ambition and implement meaningful policies to support investment in solutions to the climate crisis. |
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Climate change | Oct. 2021 Joined the Hoosier Interfaith Power and Light (HIPL) Faith Climate Declaration. The declaration lists the impacts that climate change has on our communities and especially the most vulnerable people and commits the signatories to act towards a regenerative economy. |
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Semiconductor industry | Conflict minerals | Nov. 2021 Signed on to investor letter on conflict minerals, encouraging individual companies within different parts of the semiconductor supply chain to address responsible sourcing of minerals. |
Issue | Company | Latest engagement |
Paid sick leave |
Home Depot |
Feb. 2022 Withdrew shareholder resolution on paid sick leave in response to the company putting policies in place and making them more publicly accessible to stakeholders and investors seeking to assess key social issues in companies |
Online child exploitation |
AT&T |
Jan. 2022 Dialogue with AT&T on its efforts to combat child sexual exploitation online. Conversation focused on its child rights risk assessment, governance and oversight, employee training, and partnerships and collaborations. |
Empowering communities |
Bank of America |
Feb. 2022 Dialogue with Bank of America on empowering communities, clients, and employees. The discussion also covered an update on BAC’s climate strategy and its digital assets (including cryptocurrency) policies. |
Human rights policy |
General Mills |
March 2022 Dialogue with General Mills regarding the UN Guiding Principles, the company’s salient human rights issues and its human rights policies. |
Addressing inequality – finance |
March 2022 Joined in launching the Task Force on Inequality-related Financial Disclosures which aims to reduce inequality created by the private sector by improving transparency on corporate and investor contributions to inequality, while showing how inequality can present risks to companies and investors. |
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COVID-19 – Vaccine pricing and accessibility | Johnson & Johnson | Nov. 2021 Co-filed shareholder proposal that asks for a report on how Johnson & Johnson’s receipt of government financial support for the development and manufacture of vaccines and therapeutics for COVID-19 is being taken into account when engaging in conduct that affects access to these products, such as setting prices. |
Paid sick leave | Dozens of companies | Dec. 2021 Joined an investor effort to engage dozens of service industry companies on disclosure of their paid sick leave benefits for U.S. workers and the advantages of providing paid sick leave to all employees. |
Racial equity | Amazon | Dec. 2021 Co-filed shareholder proposal calling for a racial equity audit analyzing Amazon’s impacts on civil rights, equity, diversity and inclusion, and the impacts of those issues on Amazon’s business. |
Racial equity | Walmart | Dec. 2021 Co-filed shareholder proposal on starting pay and racial equity. The proposal requests that the board of directors oversee a public report on whether and how Walmart's racial justice goals and commitments align with the starting pay for all classifications of Walmart associates. |
Racial justice | Target | Dec. 2021 Dialogue with Target on their policies and performance on racial justice, worker equity and human rights in the supply chain. The conversation also touched on safe chemical policies. |
Online child exploitation | Verizon | Oct. 2021 Dialogue with Verizon on its efforts to combat child sexual exploitation online. The conversation focused on partnerships with industry peers and NGOs, product impacts on children, reporting and metrics, and lobbying and regulatory advocacy. |
Conflict minerals | Semiconductor industry | Nov. 2021 Signed on to investor letter on conflict minerals, encouraging individual companies within different parts of the semiconductor supply chain to address responsible sourcing of minerals. |
Issue | Company | Latest engagement |
Tax transparency | Feb. 2022 Signed investor letter to the SEC in support of a shareholder proposal at Amazon asking for tax reporting using the GRI tax standard, which would lead to better corporate tax transparency but which the company has challenged. |
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Sudan | Nov. 2021 Joined investor statement on the coup in Sudan to send the message that the responsible investment and business communities seek to invest and operate in countries where the rule of law, accountable governance and civic freedoms are respected. | |
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SEC’s draft rule requires companies to measure and disclose climate risk
Changes reflect current events and anticipated additions
Topics include paid sick leave, COVID-19 vaccines, and racial equity
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