Praxis Mutual Funds®, a leading faith-based, socially responsible family of mutual funds from Everence Financial®, today released the Praxis 2022 Real Impact Report. The third annual report shares specific real-world impacts arising from the Praxis team’s work to fulfill its stewardship investing mission. Key themes include supporting the low carbon transition, protecting human rights and addressing inequality.
The report highlights real-world change made through the seven distinct impact strategies in the Praxis ImpactX framework:
- Values + ESG Screening.
- Proxy Voting.
- ESG Integration.
- Positive Impact Bonds.
- Company Engagement.
- Advocacy and Education.
- Community Investing.
“Many of our investors invest with Praxis to align their money with their values to accomplish a greater impact that benefits others both in their neighborhood and around the world,” writes Praxis Mutual Funds President Chad Horning, CFA® in the report’s introduction. “Our goal is to manage every aspect of the funds for maximum positive impact.”
For the first time, the 2022 report includes impact data from YourStake, a platform that equips asset managers with tools, data, and reporting metrics to make sustainable investing more meaningful and accessible for investors.
YourStake uses data collected from annual company reports, academic literature, and 100+ sources that meet regulatory standards around the world. Its data enables Praxis to compare the social and environmental performance of their funds with their respective benchmarks across a wide range of impact areas.
“We are excited to deepen our clients' understanding of how their investments align with their values and make a difference in the world around us. Both the new YourStake data and the report as a whole bear witness to the positive impact our investments can have,” said Praxis Vice President of Stewardship Investing Mark Regier.
Download the Report
The full Praxis 2022 Real Impact Report can be downloaded here.