Toyota sustainability bond drives green innovation

Praxis fuels progress in safer, cleaner mobility through its investment in Toyota’s 2025 bond initiative

Fixed-income investing |
Toyota vehicle lineup

Praxis Investment ManagementTM works to create positive change through our stewardship investment philosophy. One way Praxis does this is through purchasing impact bonds in our Praxis Impact Bond Fund. A 2025 sustainability bond from Toyota Motor Corp. was recently added to the portfolio, funding automotive safety research and promoting renewable energy.

Toyota has an established, worldwide presence in the automotive industry. Toyota aspires to “create new possibilities for all humankind and support a sustainable relationship with our planet.” Even more specifically, Toyota desires to combat the negative effects of cars, such as traffic accidents and pollution, while strengthening the positive effects, such as the convenience and comfort of driving.

In the effort of addressing these goals, Toyota has issued sustainability bonds in the past. They’ve developed their own sustainability bond framework to guide these projects. Eligible projects for this 2025 bond include:

  • Advanced Safety Technology and Advanced Driving Assistance Technology (Social)
    • To help keep drivers, passengers, and the public safe (especially persons with mobility limitations such as the elderly, children, or those with disabilities).
  • Assisted Mobility Vehicles (Social)
    • Development and manufacturing of assisted mobility vehicles
  • Zero Emission Vehicles (Green)
    • Research and development in Battery Electric Vehicles (BEV) and Fuel Cell Vehicles (FCEV).
  • Increased Use of Renewable Energy (Green)
    • Investments in property plants and equipment for renewable energy generation and renewable energy power supply.

The Praxis Impact Bond Fund invests in many bonds that finance impactful projects around the world. These bonds receive competitive financial returns, and have a clear, direct impact on the world. Investments include renewable energy projects, green bonds, low-income housing, education, social bonds and more. Learn more about how our Stewardship Investing philosophy guides this fund here.


About the Author


Benjamin Bailey, CFA, Vice President of Investments, Co-portfolio Manager of Praxis Impact Bond Fund | Praxis Mutual Funds
Benjamin Bailey, CFA
Vice President of Investments

Benjamin joined Everence® in 2000 and was named Co-Portfolio Manager of the Praxis Impact Bond Fund in 2005, and Co-Manager of the Praxis Genesis Portfolios in 2013. In 2015, he was named Senior Fixed Income Investment Manager, providing leadership to the fixed income team and oversight to external sub-advisory relationships. Connect with Benjamin on LinkedIn.


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How we invest

At Praxis, our investments generate a competitive financial return and deliver a clear and direct benefit to people and our planet.

 

Disclosure

As of October 31, 2025, the Praxis Impact Bond Fund has invested 0.23% of its assets in the Toyota Motor Corp sustainability bond. Fund holdings are subject to change. To obtain holdings as of the most previous quarter, visit praxisinvests.com.

Bond funds will tend to experience smaller fluctuations in value than stock funds. However, investors in any bond fund should anticipate fluctuations in price, especially for longer-term issues and in environments of rising interest rates.

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