Case Study / 06 Jun 2014

PAX World

Pax World commissioned Trucost to conduct carbon benchmarking of its five largest equity funds.

Pax World Management LLC, investment adviser to Pax World Funds, is a SEC-registered investment adviser offering a comprehensive platform of Sustainable Investing solutions.

Pax World has a distinguished history of innovation, having launched the first socially responsible mutual fund in America in 1971. Today, Pax World is credited with being among the first investment managers to integrate Environmental, Social and Governance (ESG) or sustainability factors into investment analysis and decision making.

Pax World commissioned Trucost to conduct carbon benchmarking of its five largest equity funds, representing the first phase of its effort to reduce the carbon intensity of all its portfolios over time. Four of the five funds measured were already found to be less carbon intensive than their benchmark indexes, and Pax World intends to set goals for further reducing their carbon footprint.

“We are pleased that Trucost’s findings seem to confirm that our sustainable investing approach generally contributes to lowering the carbon intensity of our mutual fund portfolios. We want to take an even more proactive approach by further reducing our carbon footprint over time”.


Pax World launches effort to reduce carbon intensity in its funds (news)

Portfolio Footprinting to Manage Carbon Liabilities (publication)

Water as a factor of outperformance (video)

Carbon emissions (video)

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