by Benjamin Bailey, CFA, Praxis Mutual Funds & Everence Financial
Praxis Mutual Fund shareholders expect us to invest with their values in mind. The Praxis Impact Bond Fund turned 25 this year and through the first half of the fund’s tenure we diligently focused on screening out holdings contrary to those shared values. In 2006, our eyes were opened by a public bond offering that showed us what positive impact bonds (those bonds that make a positive impact on the climate and/or communities) could do.
According to US SIF: The Forum for Sustainable and Responsible Investing, Socially Responsible Investing (“SRI”) has reached the $12 trillion asset mark. Unfortunately, the vast majority — 97 percent, to be precise — comprises investments in the traditional capital markets in which decisions are made using Environmental, Social, or Governance (“ESG”) criteria. While I applaud people adding ESG screens to their portfolio, it is imperative that we find ways to support direct, community-level investments.
National program rebuilds homes and community centers for veterans and military families in need
WASHINGTON, D.C., October 29, 2019 /3BL Media/ – Rebuilding Together, the leading national nonprofit organization providing critical home repairs and revitalizing our communities, today announced it is teaming up for the 12th consecutive year with Sears on the retailer’s Heroes at Home initiative. Sears Heroes at Home is a collaborative partnership that benefits veterans and their families by making critical repairs to homes nationwide.
September 9, 2019 /3BL Media/ – Gildan Activewear Inc. (GIL: TSX and NYSE) announces the release of its 15th Genuine Responsibility™ 2018 Sustainability report available on its dedicated website www.genuineresponsibility.com. This year’s report, prepared in accordance with the GRI Standards: Comprehensive option, highlights the Company’s 2018 results, key priorities and future commitments towards its vision of Making Apparel Better™.
Death and taxes may be certain, but food and shelter are non-negotiable. In the United States, we waste a lot of food, but we’re running out of houses. In a society ostensibly dedicated to life, liberty, and the pursuit of happiness, the right to protection from the elements seems distinctly absent.
Today's employees are expecting a greater sense of purpose in the workplace. In fact, 83% of Millennials say they would be more loyal to their employer when they feel they can make a difference on social and environmental issues at work.
Your CSR program is an ideal way to empower employees to do more good through charitable giving and volunteering, but what if there was something that could drive even more impact?
Good news! You can engage even more people in your program when you give them opportunities to take small, positive actions both in and out of the workplace.