President’s Corner

Pax World President and Chief Executive Officer Joe Keefe is one of the leading voices in the field of Sustainable Investing — the full integration of environmental, social and governance (ESG) factors into investment analysis and decision making. In various writings and speeches, he has advocated for sustainable investing as a new, distinct investment discipline. In this section, Pax World offers a sampling of Mr. Keefe’s recent speeches and articles.

Bankruptcy Relief for Homeowners at Risk of Foreclosure — “The United States Senate will likely take up a housing bill next week. The so-called “cram-down” provision – allowing bankruptcy courts to restructure mortgages, including reducing the principal – should be embraced as a relatively simple, tax-free and absolutely essential component.”

Sustainable Investing and the Financial Crisis — “Speculative bubbles, before they inevitably burst, are fundamentally the triumph of short-term thinking over long-term thinking, and of short-term investors over long-term investors.”

Sustainable Investing as an Emergent Investment Discipline — “Sustainable Investing is simply a better, smarter way to invest.”

Sustainable Investing and Values — “Sustainable investing is the next stage in the evolution of socially responsible investing (SRI).”

Ecology and the Challenge of Sustainable Investing — “My remarks today will focus on whether sustainable investing can play a significant role in halting the dramatic decline of the world’s natural environment, including the world’s forests, the preservation of which is the focus of your work at the Pinchot Institute. My simple thesis is that sustainable investing can indeed play such a role, but more importantly, that it absolutely must.”

From SRI to Sustainable Investing — “Transition from the old world of socially responsible investing to the new world of sustainable investing.”