Performance Impact Study
A 2016 study by Shane Enete, Ph.D., CFA at Biola University’s Inspire Research Institute For Biblically Responsible Investing, has shown that applying certain biblical investment screening methodology to portfolio security selection generated outperformance in a portfolio when compared to broader, non-screened benchmarks. This finding adds new data to the debate of what effect biblically responsible investing (BRI) screening has on the performance of a portfolio. While screening a portfolio does not guarantee favorable returns, this study clearly shows that using biblically responsible investing does have the potential to provide outperformance when compared to a non-screened benchmark.
Sources: “Corporate sustainability and profitability are interrelated” - Oxford University, 2014 “Faith-based Investment and Sustainability” - Biola University 2016