Socially Responsible Investing
For more than 20 years, The Church Pension Fund has been active in seeking investments that offer opportunities to realize competitive risk-adjusted returns, consistent with our investment objectives, while also achieving important social goals. In recent years we have seen a changing investment landscape in which many investors are moving away from traditional socially responsible investing (SRI) screening strategies to those focused on more proactive environmental, social, and governance (ESG) related investments.
To that end, our SRI strategy remains focused on working with external investment managers who possess expertise in identifying investment opportunities that offer fully competitive risk-adjusted returns while providing a positive social impact. Importantly, the primary objective of our SRI approach is to earn returns that are sufficient to ensure that the benefits promised to current and future members are available when needed.
“For more than 20 years, The Church Pension Fund has been active in seeking investments that offer opportunities to realize competitive risk-adjusted returns, consistent with our investment objectives, while also achieving important social goals.”Mary Kate Wold, CEO and President, The Church Pension Fund
We have leveraged the following three high-impact strategies in our SRI approach:
- Investing for Positive Impact: proactively seeking out and investing with managers who deliver both strong returns and positive social outcomes;
- Shareholder Engagement: using CPF’s position as an institutional investor to influence the behavior of companies in its investment portfolio; and
- Thought Leadership: sharing CPF’s experience and its industry relationships to create awareness of modern, effective strategies for using capital to achieve positive social impact.
View our SRI brochure here.
Positive Impact Investing
- Achieving competitive risk-adjusted returns
- Creating a positive social impact for individuals and the environment
- Earning returns that are sufficient to ensure that benefits promised to current and future beneficiaries are available when needed
- Focusing on environmental sustainability, including reducing greenhouse gas emissions
- Addressing human rights issues
- Increasing diversity among corporate executives and boards of directors