OCTOBER 13, 2015: Trillium Asset Management (Trillium) has recently signed the Montréal Carbon Pledge, committing to measure and publicly disclose the carbon footprint of our investment portfolios on an annual basis.
In signing the Pledge, Trillium joins investors who share our belief that as “institutional investors, we have a duty to act in the best long-term interests of our beneficiaries. In this fiduciary role, we believe that there are long-term investment risks associated with greenhouse gas emissions, climate change and carbon regulation”.
“While Trillium has previously measured the carbon footprint of some of our investment strategies, we are taking this additional step because it is important for us to more thoroughly understand, quantify and manage the carbon and climate change-related impacts, risks and opportunities in our investments”, said Trillium’s CEO, Matthew W. Patsky, CFA.
The Pledge was launched in September 2014 and is supported by the Principles for Responsible Investment (PRI) and the United Nations Environment Programme Finance Initiative (UNEP FI). Managed by the PRI, the original goal of the Pledge was to obtain commitments from $3 trillion of investment portfolios to measure, disclose and reduce portfolio carbon footprints, prior to the United Nations Climate Change Conference (COP 21), which takes place in Paris in December 2015. Over 100 investors, representing $8 trillion have signed the pledge, to date.
At Trillium, we believe that fiduciary duty requires the integration of Environmental, Social, and Governance (ESG) factors into the investment process as a way to identify the companies best positioned to deliver strong long-term performance. In addition, investments must reflect the mission of the organization that owns them.
For more information: Randy Rice, Trillium Asset Management, firstname.lastname@example.org, (617) 515-6889.
Founded in 1982, Trillium Asset Management is the oldest independent investment advisor focused exclusively on sustainable and responsible investing. Trillium manages over $2 billion in assets for clients including individuals, foundations, endowments, religious institutions, and other non-profits. To learn more, please visit www.trilliuminvest.com.