Investment Firm Focuses on the Environment
A Boston-based investment adviser that emphasizes environmentally responsible investments has announced a new shareholder advocacy program.
Green Century Capital Management Inc. will work with more than 25 companies during the coming year, encouraging them to improve their policies and practices related to the environment and public health.
From climate change to corporate political contributions, Green Century will address issues including:
Climate change and energy. Green Century will continue working with Chevron on that company's developments in the Canadian oil sands, a large petroleum deposit where the refineries are known for their extreme pollution.
Wilderness preservation. Green Century will file resolutions at ExxonMobil and ConocoPhillips to discourage drilling in Alaska's Arctic National Wildlife Refuge.
Toxics and human health. Green Century will work with more than 15 chemical, manufacturing and packaged food companies concerning bisphenol A (BPA) -- a chemical used in plastics and canned foods -- found in their products.
Corporate political giving. Green Century will ask major eight major U.S. corporations to disclose their political contributions to trade associations that may lobby against climate change solutions.
Sustainability. Green Century has co-filed a shareholder resolution asking Apple Inc. to produce a sustainability report for public analysis.
