Flying toward freedom: Dialogue with Delta Air Lines to unite against modern slavery

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Shareholder advocacy |

Investors hear updates and encourage continued action

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Praxis Mutual Funds recently joined other investor members of the Interfaith Center on Corporate Responsibility for a dialogue with Delta Air Lines on the company’s continued efforts to promote human rights and combat human trafficking.

Part of the conversation centered on Delta’s 2024 Modern Slavery Statement. This document outlines Delta’s strategies and actions against various forms of modern slavery, including forced labor, child labor, human trafficking, sexual exploitation, and child pornography. The investors provided feedback on Delta’s progress and insight into other programs in the industry meant to address modern slavery.

The investors also spoke with Delta about their human rights due diligence process for their suppliers, including data collection, critieria for assessing suppliers, and remedial steps.

Human trafficking, also known as modern slavery, describes the coercion and displacement of millions of people worldwide – nearly 50 million, according to a report from the International Labour Organization. Human trafficking victims are often transported far from their homes or countries of origin, and sometimes travel on airlines. Airlines can play a key role in identifying and helping victims.

Delta has been a leading force in addressing human trafficking within the airline industry. Praxis holds Delta in the Praxis Value Index Fund and has participated in many engagements with Delta over the past decade.


Chris Meyer, Stewardship Investing Research and Advocacy Manager | Praxis Mutual Funds
Author Chris Meyers
Stewardship Investing Research and Advocacy Manager

Shareholder advocacy in action

At Praxis, our investments generate a competitive financial return and deliver a clear and direct benefit to people and our planet. We believe it is our responsibility to encourage companies toward responsible business behavior.

 

Disclosure

As of October 31, 2024, the Praxis Value Index Fund has invested 0.21% of its assets in Delta. Fund holdings are subject to change. To obtain holdings as of the most recent quarter, visit praxismutualfunds.com.

You should consider the fund’s investment objectives, risks, sales charges and expenses carefully before you invest. The fund’s prospectus and summary prospectus contain this and other information. Please read them carefully before you invest.

Investment products are not FDIC insured, may lose value, and have no bank guarantee. Praxis Mutual Funds are advised by Everence Capital Management and distributed through Foreside Financial Services, LLC.