John Hancock Investments launches two ESG funds: Trillium Asset Management to manage John Hancock ESG All Cap Core Fund and John Hancock ESG Large Cap Core Fund
Click here to download the PDF. BOSTON, June 6, 2016—John Hancock Investments today announced the addition of two new funds focused on integrating environmental, social, and governance (ESG) issues with fundamental stock research. John Hancock ESG All Cap Core Fund and John Hancock ESG Large Cap Core Fund are both managed by Trillium Asset Management, LLC, the country’s oldest investment advisor exclusively focused on sustainable and responsible investing. The announcement follows yesterday’s observance of World Environment Day, which is promoted annually by the United Nations Environment Programme and is intended to raise global awareness of the need to take positive …
22 Investors Managing Over $505 Billion in Assets Sign Letter Calling on Congress to End Shell Company Secrecy
Comes as Investors Convene in DC to Discuss Governance, Social and Environmental Risks to Investors and Companies and as the US government commits to corporate transparency measures at the international Anti-Corruption Summit in the UK ** Read the full letter to the Senate HERE and House HERE ** Washington, DC — This week investors from across the country are gathering in Washington, DC to share the latest in sustainable investment strategies. An important topic will include the strong message sent to Congress by 22 institutional investors managing more than $505 billion in assets calling for passage of bipartisan legislation currently before …
Chemical Footprint Project Releases First Report on Corporate Progress Toward Safer Chemicals
May 19, 2016: Following today’s press release, the Chemical Footprint Project published its inaugural report on corporate chemical use and in doing so, became the first of its kind to publically benchmark corporate chemicals management. The report includes a forward from Matthew W. Patsky, CEO of Trillium Asset Management. The results will provide valuable insights into how leading companies manage hazardous chemicals in their products and supply chains, and how all companies can look to manage these issues in the future. At Trillium, we believe the common metric offered by Chemical Footprint Project gives investors and companies a meaningful tool …
Trillium Successfully Withdraws Board Diversity Proposal at Stifel Financial
MAY 16, 2016: Trillium Asset Management is pleased to announce that it has successfully withdrawn its Board Diversity shareholder proposal at Stifel Financial (NYSE: SF) following the company’s agreement to institutionalize a commitment to board diversity inclusive of gender, race and national origin. At the time of our dialogue with management in April, the Board also announced the appointment of its first women directors. Kathleen Brown and Maura Markus will begin serving on Stifel’s board effective June 15, 2017. “The infrequency with which companies look to refresh their board is often cited as a reason women have not moved into …
Information for Discovery Communications Shareholders Regarding Our Board Diversity Proposal
May 13, 2016: Trillium Asset Management has published a letter to shareholders of Discovery Communications (NASDAQ:DISCA) urging them to vote in favor of our Board Diversity proposal. The proposal is co-led by Calvert Investments, Mercy Investment Services and Trillium Asset Management, and appears as item #3 on the company’s 2016 proxy card*. Shareholders will vote on the proposal at the Discovery Communications annual meeting, which takes place on May 19, 2016. Numerous studies have underscored the nexus between greater board diversity, and improved corporate governance and financial performance, yet no women currently serve on Discovery Communication’s board. Shareholders are requesting: …
Trillium Welcomes Final EPA Rules Regulating Methane Emissions
MAY 12, 2016: Today, the U.S. Environmental Protection Agency published its final rules for reducing emissions of methane from new and modified sources in the oil and natural gas industry. For years, investors have pressed companies to reduce their methane emissions with proven, cost effective, technologies and have supported intelligent policy solutions to cut methane waste. Recently, $3.6 trillion in investors spoke up in support of the Obama Administration’s methane policy announcements. These new rules are expected to reduce 510,000 short tons of methane in 2025, the equivalent of reducing 11 million metric tons of carbon dioxide. We believe this rule …
Akamai Commits to Significant Renewable Energy Goals
MAY 12, 2016: Trillium Asset Management is pleased to announce that it has successfully withdrawn its renewable energy shareholder proposal at Akamai Technologies (Nasdaq: AKAM) following a commitment from the company to set quantitative renewable energy goals. Akamai has announced it will source renewable energy for 50% of its network operations by 2020. By setting this goal, Akamai is demonstrating its proactive approach to reducing exposure to volatile energy prices, enhancing U.S. energy security, and meeting the global need for cleaner energy. Renewable energy is a critical tool in managing and reducing a company’s emissions and will help Akamai meet its …
Christiana Figueres, Top UN Authority on Climate Change, Wins 2016 Joan Bavaria Award
MAY 5, 2016 // BOSTON, MA: Christiana Figueres, the Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC), has been awarded the Joan Bavaria Award for Building Sustainability into the Capital Markets. The announcement was made today at the 2016 Ceres Conference, which is being held in Boston, Mass. The award is given by Ceres and Trillium Asset Management each year to honor an inspiring leader working to move capital markets toward a system that balances economic prosperity with social and environmental concerns. The groups selected Figueres as this year’s recipient for her leadership in bringing together …
Trillium Successfully Withdraws Minimum Wage Shareholder Proposal at Panera Bread
APRIL 26, 2016: Trillium Asset Management (Trillium) is pleased to announce the successful withdrawal of our shareholder proposal at Panera Bread (NYSE: PNRA), following a commitment from the company to conduct a review of employee benefits, compensation and wages. The shareholder proposal, which was co-filed by Calvert Investments and Dominican Sisters of Houston, asked the company to address the national debate about minimum wage reform. Income inequality is recognized as an economy-wide problem with a dampening effect on U.S. economic growth. Until the early 1980s, an annual minimum-wage income – after adjusting for inflation – was above the poverty line …
Trillium Leads Investors Worth $3.6Tr Supporting Joint U.S. and Canadian Limits on Methane Emissions from Oil and Gas Industry
Doubling of support comes as nations gather in New York City to sign the Paris Climate Agreement APRIL 21, 2016 // BOSTON, MA: As attention turns to the Paris Agreement signing ceremony on Friday, leading global investors representing $3.6 trillion in assets under management released a statement of support today for U.S. and Canadian efforts to limit methane emissions from the oil and gas sector. This represents a doubling of support since July 2015. “As widely diversified, long-term investors with holdings in the oil and gas industry, we share a vested interest in the industry’s long-term success,” says the statement, …
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