Shareholder Advocacy

Partners in Advocacy: Boston Common Asset Management

By Holly Testa

First Affirmative’s shareowner advocacy program does not stand alone. Many of the asset managers we use in client accounts are also our partners in advocacy—and they have powerful stories to share. In this installment, we talk with Lauren Compere, Director, Shareowner Engagement, Boston Common Asset Management.Read More

Partners in Advocacy: Trillium Asset Management

By Holly Testa, Director, Shareowner Engagement

First Affirmative’s shareowner advocacy program does not stand alone. Many of the asset managers we use in client accounts are also our partners in advocacy—and they have powerful stories to share. In this installment, we talk with Jonas Kron, Senior Vice President and Director of Shareholder Advocacy at Trillium Asset Management.Read More

Partners in Advocacy: Green Century Capital Management

By Holly Testa, Director, Shareowner Engagement

First Affirmative’s shareowner advocacy program does not stand alone. Many of the asset managers we use in client accounts are also our partners in advocacy—and they have powerful stories to share. In this first installment, we talk with Leslie Samuelrich, President of Green Century Capital Management.Read More

The Challenge of Stranded Asset Risk

By Lauren Morrell

What is the future of investing in fossil fuel extraction companies? How are investors choosing to proceed? What tools are helping investors make decisions on investments with fossil fuel exposure? A panel of investment experts grappled with these questions and more at the 25th annual SRI Conference.… Read More

Another Proxy Season for the Record Books

By: Holly Testa

 

The 2014 proxy season is virtually over, and the results highlight another record-breaking year. According to a report by the Sustainable Investment Institute (Si2), not only was the overall number of proxy resolutions filed a record high of 454, so too was the support for those resolutions going to a vote—almost 22% on average.… Read More

Regulate by Retail: Assessing Shareholder Risk in Corporate Supply Chains

By Lauren Morrell

A panel of experts at the 25th annual SRI Conference discussed the power of investors, consumers, and public interest groups to influence corporate practices and regulations that seek to guide more responsible company behavior. The panel included Robert Frisbee, CEO of the Green Electronics Council, and Glenn Hurowitz, Managing Director of Climate Advisers, who shared observations on the progress made by their organizations to improve the way businesses operate around the world.… Read More

Fossil Fuels: Divest AND Engage!

By Holly Testa, Director, Shareowner Engagement

 

The Unitarian Universalist Association, a faith-based community of more than 1000 congregations, has joined a growing list of institutions choosing to both divest AND engage.

The Association recently passed a resolution that requires their $137 million endowment fund to cease purchasing securities in the Carbon Tracker 200—those companies with the largest proven carbon reserves—and to sell current holdings of these companies within five years.… Read More

2014 Proxy Voting Record

By Holly Testa, Director, Shareowner Engagement

 

Proxy voting is not particularly exciting, but it is a crucial shareowner right, and an important way to impact the behavior of public companies. Since most clients are not able to attend the annual meetings of each corporation in which they hold stock, First Affirmative votes electronically, on behalf of clients, according to our comprehensive Proxy Voting Guidelines.… Read More

Lobbying Disclosure a Hot Topic in 2014

By Holly Testa, Director, Shareowner Engagement

Institutional investors are once again requesting that companies disclose federal and state lobbying activity, including activities conducted through third parties such as trade organizations.

The campaign, organized by AFSCME and Walden Asset Management, has rapidly gained momentum over the past four years.… Read More

Oil and Gas Producers Agree to Reduce Flaring

By Holly Testa, Director, Shareowner Engagement

Oil and gas producers in North Dakota have announced their commitment to reduce flaring in the Bakken field, thanks in part to an extensive campaign organized by Ceres that mobilized their institutional investor members, including First Affirmative, to demand action from companies to clean up their act.… Read More

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