March 8, 2015: At Trillium, we believe that climate change is the defining investment issue of our time. We also believe it provides one of the greatest economic opportunities of the 21st century. Last week, the Oregon legislature passed Senate Bill 1547, which will phase out coal-powered energy generation use in the state and require utilities to meet half of customer demand with renewable energy by 2040. This means that by 2040, 50% of Oregon’s power will come from renewable resources such as wind and solar. When signed into law, the bill – the first major statewide climate policy after …

March 7, 2016: Each year, companies seek votes from shareholders on items that are pending on their annual proxy ballots. The issues that shareholders can vote on range from the approval of boards of directors to social and environmental issues — including proposals that Trillium and other SRI investors file every year. Regrettably, too many investment managers and traditional mutual funds fail to responsibly vote their clients proxies, either by not voting at all or always voting exclusively with managements’ recommended positions. The U.S. Securities and Exchange Commission requires investment managers to disclose to clients their policies for voting proxies …

MARCH 3, 2016: The financial services sector is routinely found to have one of the widest gaps in pay by gender relative to other parts of the economy. Despite women making up nearly one third of the financial services workforce, on average women earn significantly less than their male colleagues. At Trillium Asset Management (Trillium) we strive to achieve the same level of diligence and reporting that we ask of companies with whom we interact. Our firm recently filed a shareholder proposal with Citigroup (NYSE: C) asking the company to prepare a report demonstrating that the company does not have …

Expanded website with equal employment opportunity data launched FEBRUARY 12, 2016: Trillium Asset Management is pleased to announce that it has withdrawn its workforce diversity shareholder proposal at Adobe Systems Incorporated. Adobe published an expanded section of its website that includes its annual EEO-1 workforce diversity data and provides meaningful disclosures around its strategies aimed at building the pipeline of diverse employee candidates starting in grades K-12; and initiatives focused on attracting and retaining women and underrepresented minorities in its workforce. “We commend Adobe for engaging in productive dialogues with Trillium on the need for greater diversity in the tech …

BOSTON, MA // FEB. 10, 2016: The U.S. Securities and Exchange Commission (SEC) recently rejected Citigroup’s request for “No-Action” on a Gender Pay Gap shareholder proposal that was filed by Trillium Asset Management (Trillium), a Boston-based investment firm. Investors are requesting that Citigroup (NYSE: C) prepare a report demonstrating that the company does not have a gender pay gap. The financial services sector is routinely found to have one of the widest gaps in pay by gender relative to other parts of the economy. Despite women making up nearly one third of the financial services workforce, on average women earn …

JANUARY 22, 2016: Trillium Asset Management has published a letter to shareholders of Whole Foods Market (NASDAQ: WFM) urging them to vote in favor of our Food Waste shareholder proposal on the company’s 2016 proxy card. The letter provides an overview of the importance of the issue as well as the four main reasons why we believe shareholders should vote for this proposal, which was co-filed by First Affirmative Financial Network and Green Century Capital Management. Briefly, shareholders request Whole Foods Market issue a report by August 1, 2016, at reasonable cost and omitting proprietary information, on company-wide efforts (above …

JANUARY 21, 2015: Trillium Asset Management is pleased to announce that we have successfully withdrawn our 2016 shareholder proposal, which was co-filed with Green Century Capital Management, at Hologic (Nasdaq: HOLX). The proposal asked the Board of Directors to “…adopt quantitative, time-bound goals for reducing total greenhouse gas (GHG) emissions from Hologic products and operations and issue a report by summer 2016…”. Trillium withdrew the proposal following commitments from the company to set quantitative greenhouse gas (GHG) reduction targets. The company has committed to make these goals public by September 2016. By establishing these goals Hologic is taking a significant …

January 20, 2016: Trillium’s Q4 2015 Economic & Market Commentary and Shareholder Advocacy Highlights are now available to download. “2015 was a year of contradictions and noise, along with a highly concentrated and narrowly-focused market. Oil prices dropped throughout the year, with West Texas Intermediate oil ending the quarter at $37 per barrel, down 18% for the quarter, extending the 23% decline in the third quarter, and down 39% for the year. This steep decline in energy prices slowed economic growth worldwide…” You can download Trillium’s entire Economic & Market Commentary here. “During the second half of 2015 Trillium filed …

JANUARY 4, 2016 // BOSTON, MA: BAGLY (Boston Alliance of Gay, Lesbian, Bisexual and Transgender Youth) will recognize Trillium Asset Management, a Boston-based investment firm, for 20 years of financial support at BAGLY’s annual donor appreciation reception on January 14, 2016. Trillium has also used shareholder activism to successfully engage with dozens of Fortune 500 companies, asking them to implement nondiscrimination policies inclusive of sexual orientation and/or gender identity and expression. “Trillium has publicly supported BAGLY — and the youth we serve — for over two decades”, said Grace Sterling Stowell, BAGLY’s Executive Director. “The firm’s financial support began at …