Trillium Lobbies Berkshire Hathaway Shareholders in Support of Sustainability Reporting Proposal
Click here to read the press release. Boston, MA (April 27, 2009) Trillium Asset Management Corporation (“Trillium”) is joining two nonprofit advocacy organizations, the International Labor Rights Forum and the International Rivers Network, in calling on fellow Berkshire Hathaway investors to back a proposal on the agenda for the company’s upcoming May 2, 2009 annual meeting which requests that Berkshire prepare a Sustainability Report on its performance on environmental and social issues. Boston-based Trillium today released a letter filed last week with the Securities and Exchange Commission and sent to Berkshire’s nearly 2,000 institutional shareholders, who own more than …
Putting China on the Spot for Sudan
Trillium Asset Management Corporation (“Trillium”) will be working with two nonprofit organizations this fall to keep up the economic pressure on the Government of Sudan (GoS). The “selective divestment” model – developed by the Sudan Divestment Task Force adopted by Trillium – focuses on companies in strategic sectors, whose tax payments or royalties provide major revenue for the GoS. The sectors include oil and gas, electric power, or telecommunications. The model involves engagement with companies before determining whether to divest, depending on whether the investor believes that on balance, the economic and social benefit they provide to all Sudan’s citizens …
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