Trillium Urges Fellow Shareholders to Vote Yes on Net Neutrality Resolutions
For Immediate Release April 9, 2012 Contact: Randy Rice, Trillium Asset Management, LLC – 617-423-6655 Shareholder Group: Vote Yes on Network Neutrality, for the Good of Investors, Telecom Companies and the Economy Trillium Makes Case to Shareholders Before Landmark Votes BOSTON, MA – As shareholders of AT&T (NYSE – T), Verizon (NYSE – VZ) and Sprint (NYSE – S) prepare to vote for the first time to uphold network neutrality policies on wireless networks, Trillium Asset Management, LLC (“Trillium”), an investment management firm, wrote an open letter to fellow Verizon shareholders today urging a yes vote on network neutrality to …
Trillium’s Jonas Kron Interviewed by Bloomberg TV Regarding Impact of a Potential Water Shortage
To mark the United Nation’s 2012 World Water Day, Jonas Kron, Vice President of Trillium Asset Management, was interviewed on Bloomberg Television’s “InBusiness With Margaret Brennan”. Producing enough food to feed the world’s rapidly growing population will require the international community to ensure the sustainable use of the world’s most critical finite resource, water. Trillium has been engaging companies and encouraging them to develop both short term and long term strategies to significantly reduce their fresh water usage. Jonas talked about the potential impacts that a water supply shortage could have on a company’s agricultural supply chain. You can see …
Food Retailers Voice Support for EPA Review of Pebble Mine Risks
Pursuant to corporate engagements led by Trillium Asset Management, the Food Marketing Institute (FMI), which represents 26,000 retail food stores and $680 billion in annual revenue (three-quarters of US retail food store sales), announced its support for the EPA study currently underway to determine the suitability of large-scale development in Bristol Bay, including the Pebble Mine. “Since Bristol Bay is one of the world’s largest sustainable salmon fisheries, it plays an important role in the supply chains of a number of our wholesale and retail members,” said Erik Lieberman, FMI’s Regulatory Counsel, in a letter to the EPA. “Investors representing …
Elizabeth Levy, CFA Joins Trillium as Portfolio Manager
Trillium Asset Management is pleased to announce that Elizabeth Levy, CFA has joined the firm as a portfolio manager in our Boston office. Ms. Levy has been involved in sustainable and responsible investing for nearly a decade. “We are excited to have Liz join Trillium. Her strong analytical skills will be a great complement to Trillium’s investment process,” commented Matt Patsky, Trillium’s CEO. “Our firm continues to experience significant growth in institutional and individual assets. Having another experienced portfolio manager allows us to effectively manage this growth,” continued Mr. Patsky. “I am thrilled to be joining Trillium. I have long …
Trillium Asks Regulators to Stop Banks from Making Payday Loans
Trillium Asset Management, along with 250 national, state and local organizations and individuals, has recently sent a letter to the Consumer Financial Protection Bureau, The Federal Reserve Board, the FDIC and the Office of the Comptroller of the Currency asking the regulators to stop banks from making predatory payday loans, which can carry annual interest rates of nearly 400%. The letter focuses on deposit “advance” loans which banks structure like loans from payday lenders. These loans are high-cost and have a short-term balloon repayment, trapping low-wealth and low-income borrowers in a cycle of expensive and increasing debt, causing serious financial …
Matt Patsky Testifies on “Citizens United” at MA State House
On February 28, 2012, Trillium’s CEO, Matt Patsky, testified before the Massachusetts Joint Committee on the Judiciary in support of Senate Bill No. 772. The bill calls upon the United States Congress to propose an amendment to the U.S. Constitution reversing the Supreme Court’s 2010 Citizens United v. FEC decision. “Citizens United allows corporations to use their enormous wealth to drown out the voices of the American people, and it allows them to do so anonymously”, Mr. Patsky said in his testimony. “The lack of transparency and oversight in corporate political activity encourages behavior that puts corporations and its shareholders …
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