Pax World Management LLC, investment adviser to Pax World Funds (Pax World), ESG Shares®; and ESG Managers®; Portfolios, and a leader in the field of Sustainable Investing, announced today the results of its shareowner and public policy advocacy work during the 2011 proxy season.

Pax World focused on many issues this proxy season, including:

  • Governance
  • Environmental
  • Gender and Human Rights
  • Financial Reform
  • Workplace Practices

Pax worked with shareholders to advocate for improved public policies, protocols and disclosures. They also co-filed five shareholder resolutions (two of which were successfully withdrawn). Pax signed on to 18 environmental initiatives, many of which focused on the oil and gas industry. They also worked with investors on initiatives regarding executive compensation, disclosure on expenditures for lobbying and political contributions, reducing dissonance between corporate policies and trade association lobbying, and increasing shareholder rights.

Regarding Gender and Human Rights, Pax continues to work with the United Nations Principles for Responsible Investment (UNPRI), Calvert and other institutional investors to push for greater gender equality on boards of directors and in senior management, and to further promote improved disclosure.

To read more about Pax’s initiatives during the 2011 proxy season please click here.