Pax World invests in communities and promotes sustainable development, most commonly through ongoing investments in short-term debt instruments issued by non-corporate entities and CDs issued by community banking entities, such as credit unions. Pax World also participates in the burgeoning green bond and sustainable infrastructure fixed income markets, which generally consist of publicly traded debt instruments issued by corporate, municipal, or non-governmental entities. Pax World seeks to invest in securities where proceeds will be used for sustainable infrastructure and development, energy efficiency, renewable energy finance, consumer financing for sustainable technologies, climate change mitigation, and natural resource conservation, among others.
As of December 31, 2016, Pax World held approximately $101.9 million in 58 direct impact investments offered by 45 different institutions.
Impact Focus Areas
as of 12/31/2016