Investors address online child exploitation
Praxis co-files proposal at Apple

Each year, millions of images and videos of CSAM circulate online. In 2022, the National Center for Missing and Exploited Children received 31 million reports of alleged child sex abuse material.
Online sexual exploitation of children poses material business risks to Information, Communication and Technology (ICT) companies and investors. In addition to reputational and legal risks, emerging legislation, including the United States’ STOP CSAM Act and Kids On-line Safety Act, the European Union’s Digital Services Act, the United Kingdom’s Online Safety Bill, and Australia’s Online Safety Act aims to hold tech companies responsible for keeping children safe online, and impose penalties that present financial risks for failing to adequately address the problem.
Praxis has been active in engaging ICT companies on the subject of CSAM for several years. Praxis will continue to work with Apple and other ICT companies to prevent the transmission of CSAM.
Apple is held in the Praxis Growth Index Fund, the Praxis Value Index Fund, and the Praxis Impact Bond Fund.