Trillium Successfully Withdraws Greenhouse Gas Shareholder Proposal at Hologic
JANUARY 21, 2015: Trillium Asset Management is pleased to announce that we have successfully withdrawn our 2016 shareholder proposal, which was co-filed with Green Century Capital Management, at Hologic (Nasdaq: HOLX). The proposal asked the Board of Directors to “…adopt quantitative, time-bound goals for reducing total greenhouse gas (GHG) emissions from Hologic products and operations and issue a report by summer 2016…”.
Trillium withdrew the proposal following commitments from the company to set quantitative greenhouse gas (GHG) reduction targets. The company has committed to make these goals public by September 2016.
By establishing these goals Hologic is taking a significant step towards reducing the company’s greenhouse gas emissions. We believe this will be the first of many steps the company will take to disclose and mitigate its carbon footprint. In setting greenhouse gas emissions targets Hologic joins the growing ranks of companies already managing and reducing their emissions. Presently, 60 percent of Fortune 100 companies have GHG reduction commitments, renewable energy commitments, or both.
We commend Hologic for engaging in a productive dialogue and for providing more transparency as they move towards greater energy efficiency.
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