Q&A With New Trillium CEO Matt Patsky
Your investment career started in 1984 at Lehman Brothers. How did you find your way into SRI? My first experience with socially responsible investing (SRI) came a bit early in life. Growing up I had a keen interest in the stock market and actually made my first investment in a mutual fund at age eleven. With only $500 saved from shoveling driveways, mowing and raking lawns, I decided a balanced mutual fund was the best way to start investing. The fund I selected was Dreyfus Third Century Fund, which was one of the earliest SRI mutual funds. It made intuitive …
What’s On Your Plate? Pressing Chipotle on Pesticides
Susan Baker Trillium Asset Management Corporation (“Trillium”) has been pressing restaurant chains to reduce the use of pesticides in their supply chains, continuing our research and advocacy on sustainable food and agriculture.1 Reducing pesticides is a logical step toward protecting the health of farm workers and consumers and minimizing soil and water contamination. The introduction of GMO seed has actually resulted an increase in pesticide use. Yet the restaurant industry has by and large failed to exercise its influence for good in this area. We think it is important for restaurants to get active to reduce pesticide use for a …
Trillium's 2010 Shareholder Resolutions At-A-Glance
Note: This list includes “lead filings,” where Trillium Asset Management Corporation heads up a coalition of shareholder advocates, and “co-filings,” in which we participate in filings led by others. In the table below, our lead filings are indicated in bold. Coal Ash FirstEnergy** Report on efforts to manage coal combustion waste Withdrawn In-person shareholder meetings Intel*,** Drop plans to conduct shareholder meetings exclusively online Withdrawn Environmental Health Coca Cola Report on Alternatives to Bisphenol-A 21.92% Environmental Justice Chevron Add environmental expert to Board of Directors 26.77% Equal Employment Opportunity PPG Disclose environmental impacts at community level 7.08% Equal Employment Opportunity …
"SEC Requires More Climate Change Data"
Matt Patsky, Trillium’s CEO, was quoted in an article from the Wall Street Journal Financial Advisor Blog about the recent SEC decision to require companies to disclose potential risks associated with climate change. Click on the link below to view the article. SEC Requires More Climate Change Data Wall Street Journal, Financial Advisor, January 29, 2010 …
"Two Thirds of Socially Responsible Mutual Funds Outperformed Benchmarks During 2009 Economic Downturn"
Trillium President and senior portfolio manager, Cheryl Smith, PhD., CFA, was quoted in an article presenting key findings of a review comparing SRI mutual funds to benchmarks. The findings of the review found that “SRI funds topped benchmarks across nearly all asset classes, including balanced, large cap, small cap and global funds, as well as bonds” and “nearly three out of four (72.6 percent) [of large cap funds] outperformed the S&P 500. On average, large cap SRI funds bested the S&P 500 by more than 6 percentage points.” Cheryl is the chairman of the board of the Social Investment Forum. Click on …
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