Pax World Balanced Fund Featured Company
BT Group (British Telecommunications)
BT Group is a company that is held in the Pax World Balanced Fund that meets Pax Worlds ESG (environment, social and governance) criteria.
BT Group is the UK’s leading telecommunications company. The company offers good transparency on its business and Corporate Social Responsibility activities through its website and through SEC filings. Notably, the company has good employee relations programs and policies and has won awards for being among the best places to work. The company has an environmental management system in place with all facilities earning ISO14001 environmental management certification. In 2005, BT Group signed the world’s largest green energy contract so that almost all of the company’s UK energy is derived from renewable energy.
As of September 30, 2007 BT Group represented 1.4% of the Pax World Balanced Fund portfolio. This story does not represent an endorsement of the company’s attractiveness as an investment.