Trillium News

Trillium Successfully Withdraws Greenhouse Gas Shareholder Proposal at Church & Dwight

January 14, 2014: Trillium Asset Management is pleased to announce that we have withdrawn a shareholder proposal at Church & Dwight Co, Inc. (NYSE: CHD) following commitments from the company that it will set quantitative goals for the reduction of greenhouse gas emissions in its products and operations.

In addition, Church & Dwight will issue a report on how it plans to implement and achieve these goals by autumn of 2014

In 2013, Trillium filed a shareholder proposal at Church & Dwight on behalf of our clients, pressing the company to manage and reduce greenhouse gas emissions in its products and operations. After a successful engagement, the company agreed to set public targets for carbon emissions reductions.

Investors are seeking evidence that companies are managing the risks and opportunities associated with climate change. A reduction in greenhouse gas emissions enable companies to reduce costs, build resilient supply chains, manage operational and reputational risk, and create new products and services.

These meaningful commitments by Church & Dwight are sound risk management and we commend the company for addressing this important issue. These quantitative targets will ensure Church & Dwight continues on a path of greater efficiency and increased savings.

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For more information please contact Randy Rice at rrice@trilliuminvest.com or (617) 515-6889.