Fossil Fuel Divestment: Guidance on the Recent General Assembly Vote

During the 225th General Assembly (GA) of the Presbyterian Church (U.S.A.), there was significant debate on climate change. While we all agree that the environment is a serious issue that requires meaningful action, the debate specifically centered on what actions the church should take regarding fossil fuel divestment. One of the proposed responses was to divest church investments … Continued

Market Update: Inflation Fighting Measures and GDP Challenges

By now, most Americans are aware that high inflation has permeated the global economy, resulting in higher prices for everything from food to gasoline, furniture, cars, and energy. A delicately balanced global supply chain, made leaner and leaner over decades to improve efficiencies, proved incapable of weathering a shock like a global pandemic without severe … Continued

First Quarter Review and Jobs Report: Yellow Lights Flashing for the Economy

Markets saw a reprieve in March after one of the worst starts to the year for the stock market in history. Worsening the investor experience in the first quarter was the performance of bonds, which fell alongside stocks due to rising interest rates and inflation. After stabilizing in March, markets are grappling with a number … Continued

NCTC Uses New Data to Measure Diversity in America’s Boardrooms

Consistent with our commitment to offering investors comprehensive and cutting-edge resources around values-based and socially responsible investing, New Covenant Trust Company recently licensed newly aggregated data on diversity in the C-suites and boardrooms of corporate America. This data, licensed through Institutional Shareholder Services, will be used to further enhance NCTC’s Diversity, Equity, and Inclusion (DEI) … Continued