Making a Difference Through Shareholder Advocacy With Chris Meyer

Show Notes

Christians are called to go into the world but not become part of it. That’s always a challenge, especially with investing. We’ll talk about faith-based investing today with Chris Meyer.

• When many people think of integrating their values with their investments, their focus is usually screening out companies that don’t share our values. However, the Praxis approach clearly goes beyond screening. Meyer explains that Paxis believes screening is important, as a clear expression of the values Christians hold.
• But he says there are also other strategies beyond weeding certain companies out of your portfolio that can make a difference.
• One of those strategies is “shareholder advocacy.” The means engaging company to promote positive change. That could mean letter writing, filing sharehold resolutions, and dialogue with company management.
• Meyer says in most of Praxis’ corporate engagement, they collaborate with other faith-based investors and organizations. Praxis is a member of the Interfaith Center on Corporate Responsibility, a member-based organization dedicated to shareholder advocacy. Meyer says that collaboration helps to multiply their impact.
• Praxis has been a part of engagement companies are a range of important issues including human trafficking, economic inequality, and creation care.
• For more information about the efforts of Praxis and its investment services, visit PraxisMutualFunds.com.

• What are I-bonds and are they a good investment?
• Is the The Monte Carlo retirement prediction method accurate, and is it a good way to plan for retirement?