The Pax World Growth Fund (PXWGX) now follows a fossil fuel-free investment strategy. The Fund seeks to avoid investing in companies that derive a majority of their revenue from the exploration, development and refining of fossil fuels including oil, coal and natural gas including the top 200 oil, gas, and coal companies by proven carbon reserves. In lieu of fossil fuel companies, the Fund substitutes investments in companies that are proactively developing solutions to global sustainability challenges, including climate change, water, food and health care.