FEBRUARY 28, 2019: On Thursday, Trillium Asset Management joined a community of divestment, reinvestment, and socially responsible investment representatives to call on Boston city councilors to divest municipal pension funds and cash reserves from environmentally and socially destructive industries such as prisons, immigrant detention centers, and fossil fuels, sharing Trillium’s approach to sustainable and responsible investing and citing ESG integration into the investment process may produce positive financial outcomes in the long term. Click here to read the testimony by Investment Manager Sada Geuss, who represented Trillium at the hearing. Pictured above second from left: Sada Geuss. Photo credit: Libbie …

FEBRUARY 7, 2019: Trillium Asset Management is pleased to announce that it has withdrawn its workplace diversity proposal at F5 Networks (F5) after the Company committed to strengthen disclosures of its practices and programs directed at building a more inclusive workplace. In addition, the Company has committed to increased data transparency by publishing comprehensive workforce composition data and its annual EEO-1 report. The Company said a more in depth discussion of metrics and programs will appear in the next CSR report. Last fall, Trillium filed a shareholder proposal requesting a report adequate for investor to assess its diversity and inclusion …

January 31, 2019 // San Francisco, CA Trillium partnered with Planned Parenthood Mar Monte (PPMM), the largest Planned Parenthood Affiliate in the country, to co-author an article in the Opinion page of the San Jose Mercury News titled “­­­­­­­­­New Title X family planning rules hurt families, economy.” In this piece, Jodi Neuman, an Investment Manager for Trillium, and Tanuja Bahal, the Board Chair of PPMM, explain why sustainable investors and supporters of accessible health care are concerned by the Trump Administration’s latest efforts to attack the Title X Family Planning Program. They note: “These new rules will drastically limit the …

Boston, MA // January 24, 2019: Trillium Asset Management is pleased to announce that it has withdrawn its workforce diversity shareholder proposal at Bank of New York Mellon. Following a productive engagement, BNY Mellon agreed to expand its diversity and inclusion reporting with a focus on the executive team. The expanded report will discuss how BNY Mellon sets specific diversity goals for leaders, including the executive leadership team, to hold them accountable for improved workplace diversity, with particular emphasis on diversifying senior management. Last fall Trillium filed a shareholder proposal asking BNY Mellon to assess the current state of its …

Trillium is pleased to announce that we have withdrawn a shareholder proposal at EOG Resources after the Company committed to reduce its methane emissions this year while establishing a quantitative methane emissions reduction goal for next year. Trillium and other investors have been in conversation with EOG about its management of methane and other greenhouse gas (GHG) emissions for many years. Withdrawal of this proposal, which was co-filed by Miller/Howard Investments, marks the latest milestone in our ongoing dialogue that has contributed to EOG taking meaningful action to reduce its methane emissions. We believe EOG’s new commitment to set both …

Over the course of the last 50 years, U.S. equity market returns during the month of December could reasonably be characterized as either being mildly beneficial to overall full year performance or perhaps a more benign period of supporting market stability as the calendar year concludes. Very clearly in 2018, this is not the case, with the ‑12.35% return for the S&P 500 from November 30 through December 21, reported as one of the worst performances since the Great Depression in 1931.  The S&P 500 has dropped by ‑16.68% since September 30, 2018, and we are likely to have the …

The Joan Bavaria Award is presented annually by Ceres and Trillium Asset Management to recognize a unique investor or NGO leader who is working to transform the capital markets into a system that balances economic prosperity with social and environmental concerns. The next award will be presented at Ceres Conference 2019 in San Francisco, CA. Nominations for the 2019 Joan Bavaria Award are now open and will be accepted through Friday, December 14, 2018, at 8:00 PM EST. To submit a formal nomination or to see further details around eligibility and nomination criteria click here   …

Franklin’s insight “Investing for a Better World” is our newsletter’s predecessor publication. Joan Bavaria, Trillium’s founder and an energetic, early catalyzer of sustainable and responsible investing, used its pages to promote Trillium’s early mission – that of “promoting excellence and innovation in social research, and sharing its application to investing.” Each issue offered an introductory “Dear Reader” letter penned by Joan, a piece with stock recommendations and commentary entitled “Monthly Advice” and “What Would We Consider?” and the social and financial performance profiles of selected companies in its popular “Equity Brief” section. Through reading the “Dear Reader” letters, subscribers around …

October 30, 2018: This week Starbucks took a significant step in demonstrating its commitment to workforce diversity. The company published data containing detailed information about the gender and minority-status for all 277,000 employees. Employees are categorized across five high-level roles and also categorized by companywide racial and ethnic data. The chart provides meaningful disclosures alongside diversity goals and initiatives focused on attracting and retaining women and underrepresented minorities in its workforce. Last fall Trillium Asset Management filed a shareholder proposal asking Starbucks to report this exact information as a way to measure the company’s progress in increasing gender and racial …

FOR IMMEDIATE RELEASE October 17, 2018 CONTACT: Paris Ervin, Illinois 217.524.5749 Pervin@illinoistreasurer.gov Evan England, Rhode Island, 401.222.2240 evan.england@treasury.ri.gov Heidi Havens, Pennsylvania 717.787.2991 hhavens@patreasury.gov Tian Weinberg, New York City 646.988.5627 tweinbe@comptroller.nyc.gov Jonas Kron, Trillium 413.522.2899 jkron@trilliuminvest.com Opening a new front at Facebook, Illinois State Treasurer Michael Frerichs, Rhode Island State Treasurer Seth Magaziner, Pennsylvania Treasurer Joe Torsella, and New York City Comptroller Scott Stringer today co-filed a shareholder proposal asking the Facebook board of directors to make the role of Board Chair an independent position. Doing so is best governance practice that will be in the interest of shareholders, employees, users, …