Information for Whole Foods Market Shareholders Regarding Trillium’s 2016 Shareholder Proposal
January 30, 2017 // Boston, MA – Trillium Asset Management has sent a letter to shareholders of Whole Foods Market (NASDAQ: WFM) calling for support of our Food Waste Reporting shareholder proposal on the company’s 2017 proxy. The letter provides an overview of the importance of the issue as well as the four main reasons why we believe shareholders should vote for this proposal. The proposal, co-filed by First Affirmative Financial Network, Green Century Capital Management, Trinity Health, and the Dominican Sisters of Houston, asks the company to issue a report on company-wide efforts to assess, reduce, and optimally manage food waste.
Approximately 40% of food produced in the U.S. is wasted, often ending up in landfills with significant environmental and societal consequences. If global food waste were a country, its emissions would be 3rd, behind only China and the United States.
In addition to Whole Foods, we have filed shareholder proposals with Target and Costco this year and continue to urge them to manage food waste responsibly.
Read the full letter here.
For more information: Caroline White, Communications Manager, firstname.lastname@example.org
Important disclosure: The information provided in this material should not be considered a recommendation to buy or sell the security mentioned. It should not be assumed that investments in such security has been or will be profitable. To the extent a specific security is mentioned, it was selected by the authors on an objective basis to illustrate views expressed in the commentary and it does not represent all of the securities purchased, sold or recommended for advisory clients. The information contained herein has been prepared from sources believed reliable but is not guaranteed as to its timeliness or accuracy, and is not a complete summary or statement of all available data. This piece is for informational purposes and should not be construed as a research report.