Verizon Shareholders Demand Cyber Security & Data Privacy Accountability
PRESS RELEASE Contact: Jonas Kron, Trillium Asset Management, (503) 894-7551, jkron[at]trilliuminvest.com Boston, MA // March 20, 2018 – Citing significant risks associated with multiple recent data breaches, Verizon Communications investors have filed a shareholder proposal calling on the company’s board to link senior executive compensation to the effectiveness of its cyber security and data privacy practices. While Verizon has long claimed that data privacy and data security are top priorities, the proposal notes, in 2016 the company’s division that helps Fortune 500 companies respond to data breaches suffered a data breach of its own, including information on some 1.5 million customers …
Letter to J.B. Hunt Shareholders: Vote Yes for Greenhouse Gas Emissions Proposal
Boston, MA // March 19, 2018 – Trillium Asset Management has published a letter to shareholders of J.B. Hunt Transport Services (NASDAQ: JBHT) urging them to vote in favor of a shareholder proposal on the company’s 2018 proxy card. The proposal asks J.B. Hunt to adopt company-wide, quantitative, science-based targets to reduce greenhouse gas (GHG) emissions from its vehicle fleet and operations as well as issue a report, at reasonable cost and omitting proprietary information, discussing its plans and progress towards achieving these targets. The letter provides the following rationale for voting “Yes”: There is a strong business case for why JBHT should …
Trillium Featured in As You Sow 2018 Proxy Preview Report
Boston, MA // March 16, 2018 – In a year of rapidly shifting public policy, investors have filed more than 400 resolutions about environmental, social and sustainable governance issues for shareholders to consider this spring. Proxy Preview 2018, a collaboration between Proxy Impact, Si2, and As You Sow, helps investors align their investments with their values and includes analysis and insight on workforce diversity, cyber security, and data privacy from leading experts including Susan Baker, Brianna Murphy, and Jonas Kron of Trillium Asset Management’s shareholder advocacy team. The report addresses the following: A total of more than 400 shareholder resolution filings …
Elizabeth Levy Discusses Divesting from Firearms with Soledad O’Brien
Boston, MA // March 13, 2018 – Elizabeth Levy, Senior Vice President, Portfolio Manager, and Research Analyst at Trillium Asset Management, recently appeared on Matter of Fact with Soledad O’Brien to discuss the recent call to action from investors to divest from firearms and weapons-related companies in the wake of the Parkland, Florida school shooting. “We see divestment as one of the tools where we need to bring pressure as consumers…it’s just another tool that we can use to keep all of the pressure on these companies”, said Liz in response to using divestment as a strategy. As sustainable and …
New SF Chronicle Op-Ed – Make a Difference: Disinvest From Guns
Boston, MA // March 5, 2018 – On Friday, March 2nd, The San Francisco Chronicle published an op-ed authored by Trillium Asset Management’s Director of Shareholder Advocacy Jonas Kron titled, “Make a difference: Disinvest from guns”. Read the full op-ed below and on www.sfchronicle.com. Important Disclosure: This is not a recommendation to buy or sell any of the securities mentioned. It should not be assumed that investments in such securities have been or will be profitable. The specific securities were selected on an objective basis and do not represent all of the securities purchased, sold or recommended for advisory clients. Make …
Letter to Starbucks Shareholders: Vote Yes for Workforce Diversity Proposal
Boston, MA // February 23, 2018 – Trillium Asset Management has published a letter to shareholders of Starbucks (NASDAQ: SBUX) urging them to vote in favor of a shareholder proposal on the company’s 2018 proxy card. The proposal asks Starbucks to disclose workforce diversity metrics as well as a description of policies and programs focused on increasing gender and racial diversity in the workplace. The letter provides the following rationale for voting “Yes”: Starbucks’ current diversity disclosures are insufficient Evidence finds that greater workforce diversity may lead to better business outcomes Providing detailed workforce diversity information may contribute positively to …
Webinar Replay: Economic Directions & Shareholder Advocacy Priorities
Important Disclosure: The views expressed are those of the authors and Trillium Asset Management, LLC as of the date referenced and are subject to change at any time based on market or other conditions. These views are not intended to be a forecast of future events or a guarantee of future results. These views may not be relied upon as investment advice. The information provided is not a recommendation to buy or sell the securities mentioned. The securities were selected on an objective basis for illustrative purposes and do not represent all of the securities purchased, sold or recommended. It …
Stepping off the Sidelines: The Role of Financial Services Companies on Gun Sales
February 21, 2018 // Boston, MA – On Monday, The New York Times columnist Andrew Ross Sorkin, proposed that the finance industry — credit card companies; credit card processors; and banks — take the lead on setting new rules for the sale of guns in America. In his piece, Sorkin emphasized the moral responsibility that corporations have to help their communities and to confront social challenges. He argues that in light of policy makers failing to address gun violence, it is now time for companies that are in a position to do something to address it and to step up …
Dentsply Sirona Elects Two Women to Board of Directors
Boston, MA // January 22, 2018 – Trillium Asset Management commends Dentsply Sirona (NASDAQ: XRAY), a dental equipment and supply company, for appointing Leslie Varon and Betsy Holden as the first women to serve on the recently merged company’s Board of directors. Ms. Varon has served in several senior roles at Xerox and brings extensive experience in financial management and investor relations to the company. Ms. Holden, former Co-CEO of Kraft Foods and current senior advisor to McKinsey & Company, brings a deep skill set in strategy, marketing, and board effectiveness initiatives. In December 2016, Trillium and several investor partners* …
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