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Sister Patricia Daly, Visionary Leader Dedicated to Environmental Justice, Receives 2014 Joan Bavaria Award

May 1, 2014

APRIL 30, 2014 // BOSTON, MA: Long-time shareholder advocate and executive director of the Tri-State Coalition for Responsible Investment, Sister Patricia Daly, OP has been awarded the sixth-annual Joan Bavaria Award for Building Sustainability into the Capital Markets. The announcement was made today at the annual Ceres Conference, which is running April 30 – May 1 at The Westin Waterfront Hotel in Boston, MA. A pioneer of socially responsible investing, for more than 35 years Daly has helped move companies such as General Electric, ExxonMobil and Ford to improve their sustainability practices and change the way they address environmental, social …

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Ceres: Shareholders Seeking Stronger Responses from Companies as Climate Change Concerns Deepen

March 11, 2014

Record high climate-related resolutions seek improvements on issues like greenhouse gas reductions, flaring cutbacks and increased sustainable palm oil sourcing March 7, 2014: Motivated by mounting scientific evidence that human activity is a leading cause of climate change; major institutional investors are pushing for stronger actions from companies in climate-related shareholder resolutions in the 2014 proxy season. Led by Walden Asset Management, the New York State Comptroller’s Office, the California State Teachers’ Retirement System, Calvert Investments, the Connecticut Treasurer’s Office, Trillium Asset Management, Mercy Investments and Green Century Capital Management, 35 institutional investors have filed 142 resolutions in a coordinated …

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Ceres Releases New Report: The SEC and Corporate Climate Change Reporting 2010-2013

February 13, 2014

February 10, 2014 / / BOSTON, MA: Ceres released a new report on Securities & Exchange Commission actions to improve corporate disclosure of material climate risks and opportunities, finding that the SEC has not prioritized this issue. The report, Cool Response: The SEC and Corporate Climate Change Reporting, surveyed SEC comment letters sent to companies since 2010, when the SEC recognized the financial impacts of climate change by issuing Interpretive Guidance on climate disclosure. It found that only three comment letters related to climate change were issued in 2012 and 2013, and 49 in 2010 and 2011, following the issuance …

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Trillium and Ceres Seek Nominations for the 2013 Joan Bavaria Award

September 13, 2012

Ceres and Trillium Asset Management are seeking nominations for the sixth annual Joan Bavaria Award. Submissions will be accepted until 5:00 p.m. ET on Monday, December 31, 2012. The Joan Bavaria Award honors a unique investor, business, or NGO leader who is working to transform the capital markets into a system that balances economic prosperity with social and environmental concerns. The winner of this year’s award will be announced at the 2013 Ceres Conference taking place May 1-2 at The Fairmont Hotel in San Francisco. Bavaria founded both Ceres and Trillium Asset Management. She passed away in 2008 after a …

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The (R)evolution Will Be Computerized: Web 2.0 Technologies Will Make “Shareholder Democracy” a Reality

August 21, 2009

Just as doctors at dinner parties hear about fellow guests’ medical dilemmas, people tend to confess to me that they throw out their shareholder proxy ballots. They’re too jargon-filled and arcane, and who’s got the time to evaluate whether the auditor is a good choice or whether a shareholder resolution is as prepos­terous and costly as management says it is? Besides, they only own 50 shares of the company. Estimates range widely, but all agree that the vast majority of individual investors regularly toss their ballots into the circular file. Economists call this “rational apathy,” but while it may be …

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Advocating For Extending Clean Energy Tax Credits

July 30, 2008

July 29, 2008 In a letter organized by the Investor Network on Climate Risk (INCR) Trillium Asset Management Corporation has joined more than 40 asset managers, pension funds, state treasurers, endowments and foundations to urge Senate Majority Leader Harry Reid and Senate Minority Leader Mitch McConnell to pass legislation extending tax credit for clean energy. The extender legislation will help level the playing field with long-term subsidies and help prevent the cancellation of 42,000 MW of planned renewable energy development today in 45 states. To view the entire letter, click here. …

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Inaugural winners of Joan Bavaria Awards Announced

April 30, 2008

Ceres and Trillium Asset Management Corporation (“Trillium”) announced the inaugural winners of the Joan Bavaria Awards for Building Sustainability into the Capital Markets. Enhanced Analytics Initiative (EAI) was the winner of the Bavaria Award for Impact, and Bainbridge Graduate Institute (BGI) won the Bavaria Award for Innovation. Read the full press release here View the video of the event (presented in 3 parts):       …

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Turn Down the Heat – It's Getting Warmer

April 10, 2008

With all the talk out there about energy efficiency and re­duced use, I can’t help but think of my mom, telling us kids to put on a sweater, the heat would not go up. I laugh at the per­son I’ve become, as I tell my own kids the same thing, adding the environmental commentary that it’s one little thing we can do and if we don’t, climate change will turn up the heat more than we’d like – before we know it. So what’s a shareholder to do, in this day and age of climate change, when a company in …

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From the President

April 10, 2008

One of the most amaz­ing days of my professional life was the day more than a decade ago that I spent as keynote speaker for a conference of the people in charge of General Motors’ environmental policies and procedures in plants around North America. There were hundreds of them, many of whom had Ph.D.’s. They were very interested and supportive when faced with an unedited speaker advocating stronger environmental policies and complete disclosure of results. On another day, a visit with the General Motors’ crash test dummies, watching steering wheel columns hurtle into the surrogate humans in car seats at …

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