Everence, a financial ministry of Mennonite Church USA, practices shareholder advocacy as part of its effort to invest in companies that practice environmental stewardship. This includes participating in shareholder resolutions and voting proxies. As part owners of companies, they see it is as their responsibility to challenge corporate management on practices they believe have a negative impact on human communities or the environment.
One 2012 victory for Everence involved Hormel Foods. Due in part to years of dialog with representatives of Everence's Praxis Mutual Funds, the company has unveiled responsibility guidelines for the farms that supply it. Issues include water use, environmental stewardship, product packaging and safe working environments. Read the story on Everence's web site
Everence Cheers Hormel Guidelines for Farms
Everence, a financial ministry of Mennonite Church USA, practices shareholder advocacy as part of its effort to invest in companies that practice environmental stewardship. This includes participating in shareholder resolutions and voting proxies. As part owners of companies, they see it is as their responsibility to challenge corporate management on practices they believe have a negative impact on human communities or the environment.
One 2012 victory for Everence involved Hormel Foods. Due in part to years of dialog with representatives of Everence's Praxis Mutual Funds, the company has unveiled responsibility guidelines for the farms that supply it. Issues include water use, environmental stewardship, product packaging and safe working environments. Read the story on Everence's web site