News
September 1, 2019
Impax Reports Positive Environmental Impact for 2018
Impax Asset Management is a U.K.-based global stock investment manager making a worldwide difference by investing in companies that employ measurable positive environmental strategies, including wind farms, solar technology, and wastewater-reduction and -treatment techniques.
Read moreAugust 12, 2019
Innovation Brings Low 2020 Health Rate Increase & More Support
Portico’s Board of Trustees approved an average baseline health contribution rate increase of 4% for 2020 for sponsoring organizations, including congregations, synods, seminaries, and the churchwide organization.
Read moreJuly 8, 2019
First Report on Green Bond Impact
In September 2017, Portico invested $25 million in a green bond strategy through Nuveen Asset Management.
Read moreApril 28, 2019
Bank of Palestine Investment Helps Strengthen Community
Two years ago, Portico announced its positive social impact first (SIF) investment in Bank of Palestine through the three ELCA Social Purpose Balanced funds and the ELCA Social Purpose Bond fund.
Read moreApril 14, 2019
Portico Implements New ELCA Human Rights Screen
This month, the ELCA’s largest institutional investor, Portico Benefit Services, announced two recent actions supporting the 2016 Churchwide Assembly resolution, Justice for the Holy Land Through Responsible Investment.
Read moreMarch 31, 2019
Key Legal Victory for Clergy Housing Allowance
On March 15, 2019 the U.S. Seventh Circuit Court of Appeals unanimously upheld the exclusion’s constitutionality in Gaylor v. Mnuchin.
Read moreFebruary 17, 2019
Portico Recognized for Innovating to Improve Health, Rein in Costs
The Rev. Jerry Trantham has dropped 65 pounds and brought his blood sugar to a healthy level. Allison Ramsey has been feeling more energetic and upbeat.
Read moreFebruary 17, 2019
Impax Investment Continues to Deliver
Portico’s 2016 social impact first (SIF) investment made through Impax Asset Management continued to deliver valuable environmental impact in 2017.
Read moreDecember 30, 2018
Companies Holding Oil Shale and Tar Sands Reserves Screened Out
For decades, the ELCA has publicly called for God’s people to be aware of the harm done to the earth and to act in ways that better steward our planet’s […]
Read moreIf you’ve ever wondered whether groups of shareholders can really change the behavior of large corporations, this story is for you. Even industry giants, it turns out, can be influenced […]
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