Praxis shares green investing insight for US News and World Report article

Praxis in the news |

Mark Regier discusses different approaches and how to avoid greenwashing

Mark Regier, Vice President of Stewardship Investing for Praxis Mutual Funds®, was quoted recently in U.S. News and World Report’s article, “How to Invest in Green Stocks.”

Mark Regier

Mark Regier

“Investors need to ask themselves what are they trying to do with their investments. There's a couple of places to go. You can invest in purely deep green, or you can invest in the messy middle,” said Regier.

Before investing in the “messy middle,” or companies transitioning to greener practices, investors must first investigate a company’s commitment to making lasting, long-term changes. Some companies may claim to be sustainable when their practices, in reality, are not.

To avoid this so-called greenwashing, Regier advises investors to take a closer look at a company’s balance sheets and the sustainability measures taken by the board of directors.

"Those are signs, from our experience in engagement with companies, that show who is serious and who is not," Regier said.

The article also discusses Praxis’ shareholder dialogue with the major gas and electric utility NiSource. Read more about the engagement here.

Read the full U.S. News and World Report story here.

How we invest

We believe you can make a positive difference when your investment decisions are motivated by your faith and values. We call this stewardship investing, our unique approach to socially responsible investing, that seeks to hold companies accountable and invest in a better world.

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Disclosure

As of April 30, 2020, the Praxis Value Index Fund has invested 0.18% of its assets in NiSource. Fund holdings are subject to change. To obtain holdings as of the most previous quarter, visit praxismutualfunds.com.