APRIL 20, 2016: In recognition of our firm’s shareholder engagement on climate issues over the past three decades, Trillium Asset Management has been invited to attend the Paris Agreement Signature Ceremony which will take place on Earth Day, April 22, 2016, at the United Nations Headquarters in New York.
The Paris Agreement, which was adopted on December 12, 2015, is an historic step to combat climate change. Agreed to by 195 countries, the goal is to limit a rise in global temperatures to 1.5 degrees Celsius above pre-industrial levels – in this century. The Agreement also aims to strengthen the ability to deal with the impacts of climate change and increase action and investment to support a low carbon and sustainable future.
“Climate change is the defining investment issue of our time. It is no longer solely a threat to future generations. The damage to the environment, people’s lives, society, infrastructure, and corporate financial performance is happening today”, said Matthew W. Patsky, CEO of Trillium Asset Management, who will represent the firm at the U.N. ceremony. “The signing of the Agreement represents a new beginning in the transition to a low-carbon future, which may also provide one of the greatest economic opportunities of the 21st century.”
At least 55 countries, representing at least 55 per cent of global greenhouse gas emissions, are needed to ratify the Agreement before it can take legal effect. On Friday, UN Secretary-General Ban Ki-moon will assemble representatives from governments, business, investors, and civil society organizations around the world to commemorate the adoption of the Agreement and demonstrate their support and commitment to deliver action that will help achieve the goals of the Agreement.
For more information: Randy Rice, Trillium Asset Management, email@example.com, 617-515-6889