In 2022 MMFA launched a new investment pool for the Moravian Common Fund. This is our second in the ESG category. ESG allocations invest in companies that:
- have a low carbon footprint
- follow best practices in hiring and treat employees fairly
- are socially aware and responsible corporate citizens
- have a track record of good management and delivering results
In many ways, these are the investments with which people of faith want to be associated. At least three of the managers in our ESG pools have increased focus toward racial equity issues, consistent with the larger work in the Moravian Church. All ESG areas correlate with specific United Nations Sustainable Development Goals. (See below for specifics)
The new ESG Moderate/Aggressive investment pool has a strategic target of 60% in global equities, 30% in fixed income, 5% in real assets, 4% in alternatives, and 1% cash. It’s distinguished by the increased equity focus in ESG investments.
Our other existing ESG pool has been renamed ESG Blended; it was previously known as Growth and Income (ESG). These portfolios offer many opportunities for Moravian investors. If you think ESG may be right for you, your agency or church, give Chris Spaugh a call today at 336-725-2589 for more information.
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Improving lives
This screening considers the track record, practices, and plans companies have that improve lives by addressing:
- Access to education
- Access to finance
- Access to food and nutrition
- Access to healthcare and disease prevention
- Access to information
- Affordable housing
These align with the United Nations Sustainable Development Goals #2 Zero Hunger and #4 Quality Education.
Inclusive workplace
This evaluation supports United Nations Sustainable Development Goals #5 Gender Equality and #10 Reduced Inequalities by screening for a company’s:
- Diversity in leadership
- Human rights record
- Employee treatment
- Ethical practices
Climate/natural resources solutions
This screening looks for a company’s sustainability and performance in terms of these qualities in support of the United Nationals Sustainable Development Goals #7 Affordable and Clean Energy and #13 Climate Action:
- Cleaner energy solutions
- Decreasing carbon footprint
- Energy efficiency
- Natural resources solutions and sustainability
