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 their 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 expressed honor at being recognized for work helping advisors meet growing client demand for this strategy.
Environmental Finance's annual IMPACT Awards recognize the work of impact investors everywhere 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. Benjamin Bailey, Vice President of Investments, noted pride in continuing to pioneer ways for clients to put their faith in action while pursuing competitive returns, expressing deep gratitude for the trust investors and advisors have placed in Praxis. To view the winning entry and full list of 2025 IMPACT Award winners, visit the Environmental Finance website. Environmental Finance previously named Praxis its 2020 Faith-Based Organization of the Year and 2023 Faith-Based Organization of the Year.
The award underscores the increasing relevance of faith-based investing in mainstream finance, where investors seek alignment between their values and financial goals. Praxis's research identified critical communication gaps between advisors and clients regarding faith-based strategies, suggesting many investors desire these conversations but advisors may lack awareness or tools to address them effectively. The launch of PRXV and PRXG ETFs provides concrete investment vehicles that operationalize this approach, allowing investors to access large-cap stocks through a faith-based lens. This matters because it reflects a broader shift toward values-driven investing, where performance is no longer the sole metric—investors increasingly demand portfolios that reflect their ethical and religious convictions.
The implications extend beyond recognition, potentially influencing how financial advisors engage with clients and structure portfolios. As faith-based investing gains traction, awards like this validate its legitimacy and encourage more institutions to develop similar offerings. For Praxis, the award reinforces its position as a leader in this niche, which could attract more assets and drive industry innovation. The repeated recognition by Environmental Finance—also honoring Praxis in 2020 and 2023—signals consistency in its mission and impact. Ultimately, this announcement highlights the evolving intersection of finance and personal values, where investment decisions are increasingly framed not just by returns, but by purpose and principle.
