Letter to Middleby Shareholders: Vote Yes for ESG Reporting Proposal
Boston, MA // April 17, 2018 – Trillium Asset Management has published a letter to shareholders of The Middleby Corporation (NASDAQ: MIDD) urging them to vote in favor of a shareholder proposal on the company’s 2018 proxy card. The shareholder proposal asks Middleby to issue a report discussing its environmental, social, and governance (ESG) policies and performance, including a discussion of climate change management. Our rationale for voting “Yes” is based on the following key points: Middleby last discussed ESG performance in 2010, which does not reflect its operations in 2018. The field of sustainability reporting and peers’ performance have …
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