Matthew Gray interviews Josh Hanna, of Inspire Investing, about faith-based, biblically responsible investing. Josh explains his shift from broad index funds after discovering exposure to abortion and pornography, and describes stewardship as owning part of a business and profiting from its activities.
Inspire uses a proprietary Inspire Impact Score with eight negative screens—abortion, pornography, exploitation, LGBT activism, cannabis, alcohol, tobacco, and gambling—with a no-tolerance exclusion approach, plus a positive scoring system that rewards best-in-class ethical practices. He also details corporate engagement via proxy voting and advocacy, citing Costco’s decision not to stock mifepristone after extended engagement.
00:38 Meet Josh and Inspire
04:28 Stewardship and Ownership
05:42 Biblical Screens vs ESG
10:05 Inspire Three Part Approach
12:02 Embrace Good and Engage
16:13 Impact Score and Exclusions
17:42 Consumer vs Investor Choices
20:27 Building Diversified ETFs
22:58 Common Objections Answered
27:12 Returns and Real Impact
30:11 How to Learn More
Resources
Josh Hanna and Inspire ETFs
InspireInsight.com
InspireETF.com
Matthew Gray
https://www.linkedin.com/in/matthew-gray-cfp%C2%AE-5a2144134/
Securities and advisory services offered through LPL Financial, a registered investment advisor, Member FINRA/SIPC