Pax World CIO Steve Falci Elected to US SIF Board of Directors
PORTSMOUTH, N.H., January 18, 2017 – Pax World Management LLC, investment adviser to Pax World Funds and a pioneer in the field of sustainable investing, is pleased to announce that Chief Investment Officer Steve Falci has been elected to the board of directors of US SIF: The Forum for Sustainable and Responsible Investment. Steve is one of six new or re-elected US SIF board members and began his three-year term on January 1, 2017. US SIF’s 14-member board provides strategic guidance to advance sustainable, responsible and impact investing across all asset classes.
US SIF CEO Lisa Woll said “We are fortunate to have such a dedicated board who give their time and talent to help advance US SIF and the field of sustainable, responsible and impact investing. We’re thrilled to welcome our new board members and are very grateful to our outgoing board members for their service.”
US SIF and the US Foundation use several strategies to advance sustainable investment including research, networking, policy, media outreach, training, education and convenings. The biennial Report on US Sustainable, Responsible and Impact Investing Trends, released November 14, 2016, provides data on the $8.72 trillion in professionally managed assets using one or more sustainable investment strategies across a broad range of ESG criteria such as climate change, human rights, weapons avoidance and corporate governance. The report is the most comprehensive assessment of the field of sustainable and impact investing in the US and is included in the Global Sustainable Investment Review. US SIF also produces a highly-regarded conference each year. A New Climate for Investing in Impact will be held in Chicago from May 11-12.
“It is a privilege to serve on the US SIF Board of Directors and I welcome the opportunity to work with US SIF members to further the adoption, growth and impact of sustainable, responsible and impact investing,” said Steve Falci.
Steve brings 30 years of investment management experience to the US SIF board. In his role at Pax World, he oversees the investment management of Pax World Funds, the development of fund strategy and the collaboration between investment analysis and environmental, social and governance-based research to enhance the firm’s sustainable investing strategy.
US SIF Board Chair, Craig Metrick, Director, Manager Due Diligence at Cornerstone Capital said “I’m honored to be part of this passionate and thoughtful board that is committed to enhancing US SIF’s contributions to its members and the sustainable and impact investing industry. I am happy to welcome Steve to our board.”
Pax World Management LLC
Pax World Management LLC, investment adviser to Pax World Funds, is a pioneer in the field of sustainable investing. Pax World integrates environmental, social and governance (ESG) research into its investment process to better manage risk and deliver competitive long-term investment performance. For over 45 years, Pax World has made it possible for investors to align their investments with their values and have a positive social and environmental impact. Today, its platform of sustainable investing solutions includes a family of mutual funds, as well as separately managed accounts.
US SIF: The Forum for Sustainable and Responsible Investment
US SIF: The Forum for Sustainable and Responsible Investment is the leading voice advancing sustainable, responsible and impact investing across all asset classes. Our mission is to rapidly shift investment practices toward sustainability, focusing on long-term investment and the generation of positive social and environmental impacts. US SIF members include investment management and advisory firms, mutual fund companies, research firms, financial planners and advisors, broker-dealers, community investing organizations, nonprofit associations, and pension funds, foundations and other asset owners. US SIF is supported in its work by the US SIF Foundation, a 501(C)(3) organization that undertakes educational, research and programmatic activities to advance the mission of US SIF. Learn more at www.ussif.org.