Praxis Investment Management, a company of Everence and a leading faith-based investment manager, was named the global 2025 Faith-Based Organization of the Year by Environmental Finance in its IMPACT Award program. This recognition follows the launch of Praxis Investment Management's two ETFs—Praxis Impact Large Cap Value (PRXV) and Praxis Impact Large Cap Growth (PRXG)—and the release of research titled "Faith-based investing: The conversation clients seek, the value advisors can add."
Mark Regier, Vice President of Stewardship Investing, stated that the award recognizes in part the company's 2025 research, which revealed gaps in awareness and disconnects in communications between investors and advisors. He emphasized that faith-based investing is about fostering purpose as much as performance, and Praxis is honored to be recognized for helping advisors meet the growing demand for this strategy from clients. This underscores a broader trend in the investment industry where clients increasingly seek alignment between their financial goals and personal values, pushing advisors to adapt their services accordingly.
Environmental Finance's annual IMPACT Awards recognize the work of impact investors globally and highlight best practices across all asset classes and geographies. Winners were selected by an advisory panel consisting of industry experts, including investors, pension fund managers, and insurers, along with the Environmental Finance editorial team. This award adds to Praxis's previous recognitions, as Environmental Finance previously named Praxis its 2020 Faith-Based Organization of the Year and 2023 Faith-Based Organization of the Year, indicating sustained excellence in this niche. To view the Praxis Investment Management's winning entry and full list of 2025 IMPACT Award winners, visit the Environmental Finance website.
Benjamin Bailey, Vice President of Investments, expressed pride in continuing to pioneer ways for clients to put their faith in action while pursuing competitive returns, and gratitude for the trust investors and advisors have placed in Praxis. Since 1994, Praxis has offered investment products designed to meet practical needs for everyday investors seeking to steward their assets consistent with their desire to promote positive social and environmental impacts. The company brings a faith-based approach to ETFs, mutual funds, multi-fund portfolio solutions, and money market accounts, based in Goshen, Indiana, as a company of Everence Financial. More information is available at praxisinvests.com.
The implications of this award extend beyond recognition, signaling a maturation of the faith-based investing sector. For business and technology leaders, it highlights the growing importance of integrating ethical and values-driven strategies into financial portfolios, which can influence investor behavior and advisor practices. As demand for such investments rises, companies like Praxis are setting benchmarks for how to effectively communicate and implement these strategies, potentially driving innovation in financial products and services. This could lead to broader industry shifts toward more transparent and purpose-aligned investing, impacting how organizations approach sustainability and social responsibility in their financial operations.
