APRIL 14, 2016: Trillium Asset Management has published a letter to shareholders of Verizon Communications Inc. (NYSE: VZ) urging them to vote in favor of our renewable energy proposal, which appears as item # 4 on the company’s 2016 proxy card. The rapid growth of the digital economy has given the telecommunications sector the opportunity to drive significant change in the demand and consumption of clean energy. With the continued growth of data usage and the corresponding demand for more energy, there is a stronger emphasis on the need for companies to diversify their energy sources. Although energy efficiency is …

APRIL 13, 2016: Trillium Asset Management has published a letter to shareholders of JB Hunt Transport Services Inc. (NASDAQ: JBHT) urging them to vote in favor of our non-discrimination shareholder proposal which appears as item #3 on the company’s 2016 proxy card. Shareholders will vote on the proposal at the company’s annual meeting, which takes place on April 21, 2016. Shareholders request that:  “J.B. Hunt amend its written equal employment opportunity policy to explicitly prohibit discrimination based on sexual orientation, gender identity or expression and to take concrete action to implement the policy” JB Hunt employs more than 20,000 people …

APRIL 11, 2016: Trillium Asset Management is pleased to announce that we have successfully withdrawn our workforce diversity shareholder proposal at Citrix Systems (NASDAQ: CTXS) after the company committed to several initiatives which include: report annual EEO-1 workforce diversity data publish details, including oversight, of its diversity and inclusion programs, and set time-bound diversity and inclusion goals by December, 2016. Trillium’s shareholder proposal requested that the company prepare a report adequate for investors to assess Citrix’s strategy and performance pertaining to workforce diversity, including a chart identifying employees according to gender and race in the major Equal Employment Opportunity Commission-defined …

APRIL 7, 2016: Trillium Asset Management and The Sustainability Group of Loring, Wolcott & Coolidge, along with Green Century Funds, have published a letter to shareholders of PepsiCo, Inc. (NYSE: PEP) urging them to vote in favor of our Pollinator Protection proposal, which appears as item # 6 on the company’s 2016 proxy card. Shareholders will vote on the proposal at the Pepsico’s annual meeting, which takes place on May 4, 2016. The use of neonicotinoids (neonics), a class of insecticide linked to dangerous declines in pollinators and other beneficial organisms, is a growing public concern. Multi-year double digit declines …

MARCH 31, 2016: Trillium Asset Management (Trillium) is proud to be a signatory of the United Nations-supported Principles for Responsible Investment (PRI) Initiative, which is an international network of investors. The Principles reflect the increasing relevance of environmental, social and corporate governance issues to investment practices. By signing, investors commit to: Incorporate ESG issues into investment analysis and decision-making processes Be active owners and incorporate ESG issues into our ownership policies and practices Seek appropriate disclosure on ESG issues by the entities in which we invest Promote acceptance and implementation of the Principles within the investment industry Work together to …

March 28, 2016: Trillium Asset Management (Trillium) is pleased to announce the successful withdrawal of our shareholder proposal at Nordstrom, Inc. (NYSE: JWN), based on the company’s commitment to report, by the end of the second quarter, on the actions it has taken to identify and curtail human rights risks in its supply chain. Trillium first filed this proposal when Nordstrom reported that it sourced nearly half of its private-label product volume from factories that were at-risk of human rights violations. This was deeply concerning to Trillium and we engaged with Nordstrom to see how the company was working to …

March 23, 2016: During Whole Foods Market’s (NASDAQ: WFM) recent annual meeting, shareholders sent a strong signal to the company’s management team when nearly 56 million shares (28.1%) were voted in support of a proposal requesting improved transparency around the company’s food waste management efforts. The proposal was filed by Trillium Asset Management, along with co-filers First Affirmative Financial Network and Green Century Capital Management, and was the very first proposal related to food waste filed at any company. Investors asked the company to: “[I]ssue a report by August 1, 2016, at reasonable cost and omitting proprietary information, on company-wide …

March 22, 2016: Trillium Asset Management and Calvert Investments are pleased to announce that they have successfully withdrawn their 2016 shareholder proposals at Amgen (Nasdaq: AMGN) following a commitment from the company to include greater disclosure of current and future renewable energy projects in its Environmental Sustainability Report. The company has committed to publish this information by May 2016 and will include an assessment of existing renewable energy projects as well as next steps relative to renewables technologies. By providing this information Amgen is demonstrating how the company is taking a proactive approach to reducing exposure to volatile energy prices, …

March 10, 2016: Investors welcome the White House’s announcement today that the Administration will move forward with new rules to regulate methane emissions from existing sources in the oil and gas supply chain. We believe this rule is important because methane that leaks is lost revenue for companies and investors and methane is 86 times more potent as a greenhouse gas than carbon dioxide, over a 20-year period. While fracking is most commonly associated with hazardous impacts to water sources, methane “flares” and leaks are an all too common consequence of oil and gas extraction. The potent climate impact of …

March 9, 2016: On behalf of our clients, Trillium Asset Management has written to the Equal Employment Opportunity Commission in support of a proposal to collect summary pay data by gender, race and ethnicity. Our firm is pleased that the Commission is moving forward with this proposal, as gender pay disparity has become a significant public policy and economic issue which has garnered increased attention not only from lawmakers and civil society, but also from individual and institutional investors, and leading companies. We believe the proposed rule represents an effective means by which companies can better measure and manage gender …