Seasonal Wrap-up: Trillium's 2011 Engagement Highlights
Trillium Asset Management, LLC, a Boston-based pioneer in the field of environmental, social and governance (ESG) investing, reported out today on the results of its 2011 proxy season engagements with nearly two dozen major U.S. corporations. (For a full listing of our 2011 Shareholder Proposals, scroll to the end of the page.) “A good portion of our dialogues and resolutions resulted in agreements with companies to improve policies and provide more transparency,” said Matthew Patsky, CEO of Trillium. “Both are helpful in assessing the environmental, social and governance risks and their financial impact on shareholders.” Trillium’s ESG program addressed a …
Institutional Investors Learn More About Trillium's Pioneering Work on Internet Freedom
RiskMetrics Group’s “Sustainability Risk Monitor” – widely read by the influential institutional investor community – used its cover story this month to give in depth coverage to Open MIC’s 2010 open and free Internet shareholder campaign. Open MIC, which Trillium founded, is coordinating proposals at AT&T, Verizon, Qwest, Comcast and many other companies in an effort to protect the free and open architecture of the Internet. This principle, also know as Network Neutrality, is critical for those who work for a more sustainable society. It helps preserve the Internet as a level playing field where individuals and groups can speak …
Open MIC Announces Significant Shareholder Votes on Internet Privacy and Freedom of Speech
Investors in two major U.S. Internet Service Providers – CenturyTel, Inc. and EarthLink, Inc. – voted in substantial numbers in favor of a first-time shareholder resolution that highlighted the importance of Internet management practices and their impact on Internet privacy and freedom of expression. The resolutions, which were filed and voted on for the first time this year, attracted 30.49% of the vote at CenturyTel and 9.25% at EarthLink. Taken together, the votes mean that investors controlling stock worth more than $900 million voted in favor of the resolutions at the two companies. “This is the kind of vote that …
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