Dear Colleagues,
As we approach the start of the eighth month of the “new normal” since the start of the pandemic, I pray that you, your loved ones, and those you serve remain well.
The Pension Boards has remained fully operational throughout this time, even as most of our staff continues to work remotely. Our commitment to serving you from the intersection of faith and finance remains our primary focus, as it has for more than 106 years.
This week, Bank of America Corporation (BAC) announced a $2 billion bond deal called “Equality Progress Sustainability Bond” with funding that will help fight against income and social inequality in America’s Black and Hispanic communities. The Pension Boards has invested $6.6 million on behalf of its members.
By Rev. James Moos, Executive Director, Faith and Finance Ministries
“It just took off as if there was jet fuel.” So said Sheriff Brett Meyers of Whitman County, Washington concerning the fire that mostly destroyed the town of Malden. At the time of this writing, there are more than 100 active large fires burning in western states that have consumed approximately 6.6 million acres. Dozens of persons have died as a result, thousands of homes and buildings have been destroyed, and numerous communities are experiencing the worst air quality on the planet.
A Pension Boards Interview with Rev. Richard Walters
In a three-part article series, Pension Boards Intern Sheik Floradewan interviews the Rev. Richard Walters, Director of Corporate Social Responsibility, to discuss the role of shareholder activism and the work to mitigate climate change.