Apple Elects Second Woman to Board of Directors – Demonstrating Commitment to Diversity
July 21, 2014: The Sustainability Group of Loring, Wolcott & Coolidge and Trillium Asset Management, LLC commend Apple Inc. (NASDAQ: AAPL) for electing Sue Wagner, founding partner and director of BlackRock, to its Board of Directors. Ms. Wagner is widely acknowledged as a strategic thinker and pioneer in the field of finance. Given her experience in mergers and acquisitions, Ms. Wagner is a strong addition to the Board as Apple continues to expand its business globally. Following dialogue with Trillium and The Sustainability Group in December 2013, Apple updated its Nominating and Corporate Governance Committee Charter to include strong language …
Shareholders Say Washington, DC NFL Team Name Presents Heightened Reputational Risks to Stadium Sponsor FedEx
FedEx Increasingly Embroiled in Ongoing Controversy over “Redskins” Name July 16, 2014: Last week, FedEx won approval from the Securities and Exchange Commission for its effort to remove a shareholder proposal focused on the ongoing controversy over the “Redskins” name from its upcoming annual proxy. Investors filed a shareholder proposal in April with FedEx Corporation (NYSE:FDX) asking the company to “respond to reputational damage from its association with the Washington D.C. NFL franchise team” and its name controversy. FedEx possesses the naming rights to the team’s stadium, FedExField, in Landover, Maryland through 2026. Investors are now urging FedEx …
Home Depot Takes Action to Protect Bees and Other Pollinators
July 15, 2014: The Sustainability Group of Loring, Wolcott & Coolidge and Trillium Asset Management commend Home Depot for taking concrete action to protect bees and other pollinators by reducing the use of neonicotinoids (neonics). Home Depot recently announced that by the fourth quarter of 2014, it will require suppliers to label all plants treated with neonics, and will work with suppliers to eliminate neonics in plant production. In addition, the company is also providing its customers with a list of neonic-free alternatives for home application. Home Depot’s announcement comes in the wake of the National Resources Defense Council petition …
Trillium’s Approach to Investing in Publicly Traded Agriculture and Food Companies
By Jonas Kron, Esq. and Laura McGonagle, CFA When considering investments in publicly traded food and beverage companies, a major focus for Trillium has been on companies participating in the natural and organic space. Not only are these companies leaders in the health and wellness trend, their approach to raw material sourcing (agricultural commodities) is inherently more sustainable. We have also gravitated toward traditional food companies that are addressing the impacts of climate change in their raw material supply chain.With greater consumer awareness of the purity of food (no additives or GMOs), growing expectation with regard to the transparency of …
Global Fund for Women: Giving — and Investing — In Line With Our Values
By Elizabeth Schaffer, Chief Financial and Operations Officer & Sara Ferree, Director of Donor Services – Global Fund for Women Since 1987, the Global Fund for Women (GFW) has been a leader in advancing women’s human rights around the world. It is a truly global, publicly supported, women’s fund. In the early 1980s few foundations, governments, or multilateral agencies were willing to invest directly in locally led, community-based, overseas women’s rights organizations. Those that did made contributions to large international NGOs that administered programs where women were seen only as beneficiaries, not leaders of change. GFW’s founders made a …
Summer 2014 Issue of Trillium’s Newsletter, Investing For a Better World, is Available to Download
The Summer 2014 issue of Trillium’s quarterly newsletter, Investing For a Better World, is now available to download. Articles include: Dear Reader (Matt Patsky’s column) Trillium’s Approach to Investing in Publicly Traded Agriculture and Food Companies Global Fund for Women: Giving and Investing in Line with Our Values Trillium’s 2013-2014 Corporate Engagement Highlights Sustainability Reporting Proposal at Chipotle Receives More Than 30% of Vote …
Trillium’s 2013 -2014 United Nations Principle for Responsible Investment Report is Available for Download
Trillium Asset Management is a signatory of the United Nations-supported Principles for Responsible Investment (PRI) Initiative, which is an international network of investors working together to put the Principles for Responsible Investment into practice. Its goal is to understand the implications of sustainability for investors and support signatories to incorporate these issues into their investment decision making and ownership practices. The report framework helps build a common language and industry standard for reporting responsible investment activities. Its primary objective is to enable signatory transparency on Responsible Investing activities and facilitate dialogue between investors and their clients, beneficiaries and other stakeholders. …
Trillium’s 2013 – 2014 Shareholder Proposals
During the 2013–2014 proxy season, Trillium Asset Management filed more than two dozen shareholder proposals with publicly traded U.S. companies and engaged with scores more through direct outreach, sign-on letters and in-person meetings. Our corporate engagement addressed a wide range of issues including climate change, board diversity, workplace discrimination, political and lobbying spending, privacy and data security as well as indigenous rights. You can find an annotated list of the shareholder proposals that we filed during the proxy season here. …
USA Today: Shareholders Concerned about FedEx Link to Redskins
Earlier this week a ruling from the U.S. Patent and Trademark office revoked six trademarks belonging to the Washington, DC football team calling the name ‘disparaging’. A coalition of investors, including Trillium, has also recently announced a shareholder proposal with FedEx Corporation (NYSE:FDX) asking the company to “respond to reputational damage from its association with the Washington D.C. NFL franchise team” and its name controversy. Erik Brady, of USA Today Sports, writes: “…The filing represents a new battleground in the fight over the Washington club’s controversial team name — sponsors. FedEx owns the naming rights at the suburban Maryland …
Shareholders Say Washington DC NFL Team Name Presents Heightened Reputational Risks to Stadium Sponsor FedEx
FedEx Increasingly Embroiled in Ongoing Controversy over “Redskins” Name JUNE 19, 2014 // BOSTON, MA: Investors filed a shareholder proposal with FedEx Corporation (NYSE:FDX) asking the company to “respond to reputational damage from its association with the Washington D.C. NFL franchise team” and its name controversy. FedEx possesses the naming rights to the team’s stadium, FedExField, in Landover, MD through 2026. This announcement adds to the escalating crisis for the Washington D.C. NFL team in the wake of the United States Patent and Trademark Office decision on Wednesday to cancel the team’s trademark, calling the team’s name “disparaging to Native Americans.” The team …
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