Praxis Funds Releases 2022 Real Impact Report
Highlights how stewardship investing philosophy supports real-world change through seven impact strategies
Praxis Mutual Funds®, a leading faith-based, socially responsible family of mutual funds from Everence Financial®, recently 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 Development 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.
About Praxis Mutual Funds
Founded in 1994, Praxis Mutual Funds is a leading faith-based, socially responsible family of mutual funds designed to help investors integrate their finances with their values. Praxis is the mutual fund family of Everence Financial, a comprehensive faith-based financial services organization helping individuals, organizations and congregations. To learn more, visit praxismutualfunds.com and everence.com, or call 800-348-7468.
Consider the fund’s investment objectives, risks, charges and expenses carefully before you invest. The fund’s prospectus and summary prospectus contain this and other information. Call 800-977-2947 or visit https://www.praxismutualfunds.com for a prospectus, which you should read carefully before you invest.
Praxis Mutual Funds are advised by Everence Capital Management and distributed through Foreside Financial Services, LLC, member FINRA. Investment products offered are not FDIC insured, may lose value, and have no bank guarantee.
Mutual fund investing involves risk. Principal loss is possible. The Fund’s investment strategy could cause the fund to sell or avoid securities that may subsequently perform well, and the application of ESG (environmental, social, governance) and/or faith-based screens may cause the fund to lag the performance of its index.