Black Lives Matter: Investor Responsibilities and Systemic Racism
In the past three years, Trillium has made clear that human rights are central to our mission. In 2017, following the events in Charlottesville, Virginia we stated: Our concerns are at their core moral in nature. As the Universal Declaration of Human Rights states: “recognition of the inherent dignity and of the equal and inalienable rights of all members of the human family is the foundation of freedom, justice and peace in the world.” These fundamental principles are at the heart of who we are. https://archive.trilliuminvest.com/statement-regarding-violence-charlottesville-virginia/ In 2019, following attacks in El Paso, Texas, Gilroy, California, and Dayton, Ohio which …
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 …
Investors Urge Companies to Continue Coverage of Sexual & Reproductive Health Care Benefits
December 11, 2017 // Boston, MA – Trillium Asset Management, alongside a leading group of institutional investors, is calling on the 50 largest employers of the Fortune 500 to commit to continue providing their employees with access to contraception and other reproductive health care benefits. This letter is in response to the Trump administration’s recently updated regulations that enable companies to seek an exemption from offering their employees’ health insurance that includes contraception. We believe this policy is a mistake that may bring significant harm to American women, families, and the economy. As institutional investors, we see compelling evidence that …
Statement Regarding the Violence in Charlottesville, Virginia
Trillium Asset Management is profoundly concerned with President Donald Trump’s reaction to the violence perpetrated by neo-Nazis, KKK, and white supremacists in Charlottesville, Virginia recently. Our concerns are at their core moral in nature. As the Universal Declaration of Human Rights states: “recognition of the inherent dignity and of the equal and inalienable rights of all members of the human family is the foundation of freedom, justice and peace in the world.” These fundamental principles are at the heart of who we are. But Trillium is also an investment firm and with that comes a unique perspective that we can …
Trillium’s Statement on U.S. Withdrawal from the Paris Climate Agreement
June 1, 2017// Boston, MA – President Trump’s decision to withdraw the United States from the Paris Climate Agreement is a major setback for the planet and the economy. But our optimism will not be diminished. We are encouraged that renewable sources of energy are growing quickly (solar installed capacity has tripled since 2013) and that the U.S. economy will innovate and grow more sustainable despite the Trump Administration’s policies, while at the same time we acknowledge that his decision today is not a positive signal to global markets. By removing the U.S. from an international coalition of nations committed …
Trillium’s Statement Regarding the Financial CHOICE Act
May 22, 2017 // Boston, MA: Among the many deregulatory efforts that have been launched in Congress this year is an attack that is focused directly on one of the central pillars of shareholder advocacy – the shareholder proposal. Shareholder proposals are important to our work because they provide a compelling channel of communication with corporate boards and managers on environmental, social, and governance issues. Shareholder proposals have led to greater board diversity, more inclusive workplaces, new corporate climate change policies, more accountable boards, and many other improvements at the corporate level. For over 70 years they have provided a …
Trillium’s Statement on Signing of “Religious Liberty” Executive Order
May 4, 2017 // Boston, MA – Today, the Trump Administration issued an executive order on so-called religious liberty titled “Promoting Free Speech and Religious Liberty”. The executive order suggests that the Administration may be considering allowing individuals and organizations greater freedom to discriminate against the LGBT community, resulting in economic consequences. In response to this morning’s announcement, Matthew Patsky, CEO of Trillium Asset Management made the following comments: “As investors, we know that discrimination is bad for business. It casts a pall over our communities that inhibits innovation, slows or even halts growth, and makes it extremely difficult for companies …
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