BOISE,
Idaho, Aug. 27, 2024 /PRNewswire/ -- Inspire
Investing, a leader in faith-based investing, is thrilled to
announce that it has received a perfect 10/10 score for its
proxy voting behavior for the second consecutive year. According to
a recent report by the Committee to Unleash Prosperity, Inspire
Investing's score earned them an "A" grade compared to the "C"
average among funds in the study. This achievement affirms
Inspire's commitment to providing a voice for faith-based
investors, upholding biblical values, and promoting positive change
within the corporate world.
"Our mission is to inspire transformation for God's glory
through biblically responsible investing, and receiving a perfect
score for the second year in a row is a testament to our dedication
to this mission," said Robert
Netzly, CEO of Inspire Investing. "We are proud to be the
voice for investors who wish to see their values reflected in the
companies they invest in."
Inspire integrates biblical principles into every aspect of its
investment strategy, including through active proxy voting.
Inspire's approach is rooted in the firm belief that faith-based
investors should have a voice in corporate governance, pushing back
against practices that conflict with biblical teachings and
advocating for policies that align with a Christian worldview.
Proxy Vote Ranking Methodology
The proxy vote grades are based on a review of 50 of the most
extreme ESG-oriented shareholder proposals ("The Fiduciary-Free
50") from 2023 and an accompanying points system. Proxy votes are
cast and disclosed to the SEC by the individual funds managed by
investment companies (commonly referred to as fund families). At
each fund managed by the fund family, every supportive vote
translated to zero points for the fund family, a vote against was
10 points, and an abstention or split vote was five points. A fund
family's score reflects the sum of points scored compared to the
maximum points possible had the firm adhered to its strict
fiduciary duty to investors and voted against each shareholder
proposal. The lower the score, the greater the alignment with ESG
activism – and departure from strict adherence to fiduciary
duty.
You can learn more about the scoring methodology and read the
full report at www.pensionpolitics.com.
About The Committee to Unleash Prosperity
The Committee to Unleash Prosperity seeks to educate
policymakers and the public about government policies that have
been proven, in practice, to maximize economic growth and equitable
prosperity in America and around the world. The Committee's mission
is not partisan or political and works to identify those policies
best suited to unleashing prosperity and to educate policymakers on
the best practices to achieve equitable prosperity.
Find more information
at www.committeetounleashprosperity.com.
About Inspire Investing
Inspire Investing is a leading provider of biblically
responsible, faith-based investments and creator of the globally
recognized Inspire Impact Score™, which investors worldwide use to
measure the alignment of their investments according to Biblically
Responsible Investing (BRI) principles. Inspire has ranked as one
of America's Top RIAs by FA Magazine eight times since 2017, making
the "Top 50 fastest growing RIA firms" three years in a row.
Inspire was also recognized in The Financial Times "Americas'
Fastest Growing Companies" 2021 and 2022 report and the Inc. 5000
list of fastest-growing private companies in America five years
running.
Inspire donates 50% of its net corporate profits to support
impactful ministry projects around the globe through its Give50
Program. Most recently, Inspire completed a 3-year village
transformation project in the coffee farming mountains of
Guatemala to transform the lives
of those living in that impoverished community. Thanks to
investors, advisors, and institutions using Inspire products, the
village now has a church building, a clean water well, improved
education facilities, and a fully functional medical clinic. To
learn more about the Give50 program, please visit
www.inspireinvesting.com/give50.
Visit www.inspireinvesting.com to learn more about
Inspire's biblically responsible investment products.
Investment advisory services offered through Inspire Investing,
LLC, a Registered Investment Advisor with the SEC.
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SOURCE Inspire Investing