Commitment to Inclusion & Diversity
Portico embraces inclusion and diversity on many fronts — through learning and development opportunities with employees, by encouraging employees to participate in community volunteer opportunities throughout the year, through the work of our leadership, by collaborating with other nonprofit organizations to build stronger communities, and through the ELCA Retirement Plan’s socially responsible investing.
Learning and Development
Through our new STRIVE (Stewards Together Respecting Inclusion Valuing Equity) team, employees have a variety of learning and development opportunities centered around inclusion and diversity.
Portico encourages employees to get involved and give back to the community. Our employees are enthusiastic volunteers, always signing up in large numbers. Recently, we have served meals to the homeless community in partnership with Central Lutheran Church in Minneapolis. We have packaged meals for international distribution. And we participated in a food drive following the tragic events in our community last year.
Diverse Board of Trustees
Portico’s Board of Trustees is representative of all 65 synods of the ELCA and the diverse communities we serve. By sharing their broad range of experiences, they inject a variety of perspectives into our governance process.
Building Stronger Communities
We are committed to building stronger communities by collaborating with other nonprofit organizations in a number of ways: service on nonprofit boards and committees, volunteer projects, and/or fundraising efforts with organizations such as Washburn Center for Children, the YMCA in North Minneapolis, and Central Lutheran Church. Trustees and leadership staff also joined efforts with Redeemer Center for Life, Lutheran Social Service of Minnesota, and the Minneapolis Area Synod of the ELCA in the Together We Rise fundraising campaign designed to build equity to expand resources with and for low-income communities in North Minneapolis.
Socially Responsible Investing
Portico plays a key role in advancing the ELCA’s Corporate Social Responsibility Ministry. This ministry is based on the fundamental belief that the church is called both corporately and individually to use all that is committed to its care to steward creation, pursue justice, care for people in need, and seek peace.
With more than $8.9 billion in assets under management1, Portico helps to promote diversity and inclusion via socially responsible investing on behalf of ELCA retirement plan members.
- Shareholder Advocacy — Leveraging our size and by partnering with other investment organizations with similar priorities, we call for greater diversity on corporate boards and improved diversity reporting by engaging businesses in dialogue, filing resolutions, and voting our proxies.
- Social Impact First investing — On behalf of our members choosing to invest in social purpose funds, we seek out Community Economic Development investment opportunities targeting affordable housing and economic development in communities where there is a higher-than-average proportion of people living in poverty.
1Data as of March 31, 2021