People of faith and entire faith communities alike must consider how the dollars they have been tasked with managing are at work in this world. But the world of investment portfolios and asset management can be an intimidating one to enter. James W. Murphy has assembled a resource to help introduce and guide individuals and communities alike through the potentially complex language and considerations related to managing our money in a way that is aligned with our faith and values.
Faithful Investing: The power of Decisive Action and Incremental Change is a collection of essays written by a number of financial professionals from faith-based organizations who work in the area of financial and investment services. This ecumenical collaboration walks the reader through the complexities of faith-rooted investing with approachable and understandable language that can be easily understood by the experienced professional or an investing novice.
The book helpfully includes introductions to and definitions of terms like social responsible investing (SRI), environmental social governance (ESG) options and impact investing. Through the variety of voices represented in this collection, the reader has opportunity to explore a variety of perspectives and techniques available as presented by experienced practitioners.
If you are a leader in your faith community, a treasurer or board member of a faith-based nonprofit, or simply an individual investor interested in exploring how your dollars are at work and how you might be able to make changes to reflect your faith and values in your investments, consider reading Faithful Investing. The practical knowledge presented is worth the time and attention from any person of faith looking to make a positive impact on the world.
Review by Mitch Stutzman, Everence Stewardship Consultant and member of the Ecumenical Stewardship Center Resource Editorial Team.