Praxis Investment Management has released its annual 'Real Impact 2024' report, providing a comprehensive overview of the company's stewardship investing mission and its tangible global impact. The report highlights seven key strategies that demonstrate how faith-driven investment can drive meaningful change across social and environmental domains.
The report reveals significant achievements across multiple investment dimensions. Praxis screens out 5-23% of companies from stock indices based on values criteria, voted on over 16,500 shareholder proposals in 2024, and invested 34.3% of its Impact Bond Fund holdings in socially or environmentally targeted impact bonds.
Notable impact areas include direct engagement with over 20 companies on critical issues such as human rights, child labor, and environmental conservation. The organization also supported three key initiatives addressing tax transparency, climate crisis, and methane emissions reduction.
Community development investing represents another crucial aspect of Praxis's approach, with more than $25.6 million invested in community-focused initiatives as of December 2024. This strategy aims to bring critical services to underrepresented communities while generating financial returns.
Vice President of Stewardship Investing Mark Regier emphasized the organization's commitment to aligning investments with client values, stating that the report demonstrates the multiple ways Praxis creates meaningful impact through strategic investment practices.
The report underscores a growing trend in responsible investing, showcasing how financial strategies can simultaneously pursue economic returns and positive societal change. By integrating environmental, social, and governance considerations into investment decisions, Praxis represents an emerging model of conscious capitalism.
