Praxis Investment Management, a faith-based investment manager and company of Everence, released its annual Real Impact Report 2025, detailing how its stewardship investing approach creates tangible results through seven distinct strategies. The sixth edition of the report provides specific metrics and examples of how the firm's investment decisions generate both financial returns and social or environmental impact.
Praxis President Chad Horning, CFA, emphasized in the report's introduction the importance of leveraging multiple impact strategies simultaneously. The firm's work spans global advocacy and corporate engagement while also targeting specific communities through impact bonds and community investing. This dual approach allows Praxis to address systemic issues while creating localized positive change.
The report organizes its findings around the seven components of the Praxis ImpactX framework. Values and risk screening excludes 3.8% to 23.4% of companies in stock indices based on ethical criteria. Proxy voting involved nearly 18,000 shareholder proposals in 2025, giving investors voice in corporate governance decisions. Sustainability integration goes beyond exclusion to actively invest in or overweight companies that better represent core values.
Positive impact bonds represent 35% of holdings in the Praxis Impact Bond Fund as of December 31, 2025, specifically targeting social or environmental objectives. Company engagement involved direct discussions with over 20 companies on issues ranging from human rights and child labor to environmental stewardship. Advocacy and education included participation in Freedom to Investment, which outlines why investors should consider financially material environmental and human rights impacts.
Community development investing, conducted in partnership with organizations including Calvert Impact and Capital Impact Partners, totaled more than $25.8 million as of December 2025. These investments target underserved communities and address specific local needs while generating financial returns.
Mark Regier, Vice President of Stewardship Investing, noted that 2025 marked significant milestones for Praxis, including the launch of its first two ETFs and research confirming investor interest in aligning faith with investment values. The report is available for download at https://www.praxisinvests.com/insights/RIR2025.
The comprehensive approach detailed in the report demonstrates how faith-based investing can move beyond simple exclusion to actively shape corporate behavior and community outcomes. By quantifying impact across multiple dimensions, Praxis provides investors with transparent metrics to evaluate how their investments create real-world change. The report's findings suggest that values-aligned investing can address both global systemic issues and local community needs simultaneously through carefully structured strategies.
For investors seeking to align financial decisions with ethical or religious values, the report offers concrete examples of how investment strategies can generate measurable impact. The detailed metrics provide benchmarks for evaluating similar approaches across the growing field of values-based investing. As demand increases for investments that reflect personal values while maintaining financial performance, reports like this provide essential transparency about implementation strategies and outcomes.
