Trillium Asset Management LLC, on behalf of the Benedictine Sisters of Mount St. Scholastica, along with the AFSCME Employees Pension Plan recently filed a shareholder proposal with Citigroup Inc. (NYSE: C) asking the company’s board of directors to explore a possible separation of one or more of its business units. “Despite some positive steps taken since the start of the financial crisis, we believe Citigroup’s progress toward simplifying and de-risking its business has been slow and incomplete. Citigroup boasts many attractive attributes, but remains burdened by excessive complexity, as well as the stigma and risks associated with being named a …

Financial Advisor Magazine recently published a story about shareholder concern regarding chemicals that ared used in the manufacturing and packaging of goods. Jerilyn Klein Bier writes: “No one knows how many of the 84,000-plus chemicals used in the U.S. are lurking in the goods we purchase, or how safe they are. Federal law hasn’t required most of them to be tested or many to even be publicly identified. But the onus is quickly growing for producers and retailers of consumer products to find some answers… Shareholders have also been pressing companies to improve their chemical management policies. Last October, Boston-based …

November 9, 2012: Green Century Capital Management and Trillium Asset Management, the advisors to Green Century’s Balanced Fund, announced today that the Balanced Fund (GCBLX) received an overall 4-star rating from Morningstar in the moderate allocation mutual fund category. Green Century’s Balanced Fund is a fossil fuel-free fund and does not invest in oil and gas drilling, extraction or refining. “Global warming is possibly the biggest issue the planet faces. Through our investments, we can make sure we are on the solution-side of the problem,” stated Leslie Samuelrich, Senior Vice President, Green Century Capital Management. “We don’t have to look …

Two dozen investors with more than $800 billion in assets under management today called for an immediate extension of the Production Tax Credit (PTC) for renewable power. In a letter delivered to Congressional leaders, investors noted that this critical tax credit creates broad economic benefits, both for wind power producers and their suppliers across the nation. Several of these investors will meet with Congressional staff tomorrow to discuss their support for the credit. First passed by President George H. W. Bush in 1992, the PTC provides a tax credit of 2.2 cents for each kilowatt-hour of renewable power generated. The …