News
March 7, 2022
Portico Reports 2021 Shareholder Advocacy Success
Key Call to Action: Disclosure of Climate Change-related Corporate Lobbying For 2021, Portico co-filed 12 resolutions with companies in which it invests. A key topic: Corporate lobbying in opposition to […]
Read moreJanuary 25, 2022
Positive Impact Created by Nuveen Green Bonds in 2020
Portico’s $25 million social impact first (SIF) investment in green bonds is helping to create gains related to renewable energy, climate change, and natural resources.
Read moreDecember 30, 2021
Portico Leaders Elected to Key Church Benefit Association Positions
The Church Benefits Association (CBA) kicked off its annual meeting by electing its 2022 board members and committee chairs. While Portico leaders have always maintained a strong presence in the […]
Read moreNovember 8, 2021
Board of Trustees Approves 2022 Annuity Increases
Each fall at its board of trustees meeting, Portico recommends annual adjustments to payments made to ELCA Participating Annuity Trust annuitants — changes to monthly variable annuity payments and annual […]
Read moreOctober 19, 2021
Impax Reports Positive Environmental Impact for 2020
Portico’s investment team made a $20 million social impact first (SIF) investment in an Impax environment-focused strategy in 2016. The information below paints a picture of the positive environmental impact […]
Read moreAugust 9, 2021
Portico Continues to Deliver Rate Stability in 2022
For 2022, Portico’s trustees approved the lowest ELCA-Primary health contribution baseline rate increase in eight years; no change to ELCA-Primary deductibles and copayments; and double-digit ELCA Medicare-Primary health contribution reductions for retired and non-sponsored members.
Read moreSee the impact that a $300,000 Portico positive social investment in the Raza Development Fund, a Community Development Financial Institution, has helped to create in Latino and low-income communities across the country over the last two years.
Read moreIn late March, Portico’s investment team made a $25 million social impact first investment in Nuveen’s Community & Economic Development bond portfolio through the ELCA retirement plan. This investment is […]
Read moreMay 18, 2021
Information on the Blue Cross Blue Shield Settlement
A settlement has been reached in a class action antitrust lawsuit on behalf of individuals and companies that purchased or were enrolled in Blue Cross Blue Shield health insurance or administrative health services.
Read moreAfter careful analysis, Portico decided early this year to adopt a permanent hybrid work model and will be relocating later this year.
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