Archive for May 2013

Chevron Shareholders Push for an End to Risky Political Spending

May 30, 2013 – As Chevron* wraps up its most expensive year of political spending to date, its shareholders are challenging whether this spending generated any value for them. Green Century Capital Management filed a shareholder resolution urging the company to refrain entirely from political spending, arguing that doing so would protect against risks to…

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Why Advisors Should Offer Fossil Fuel Free Options

May 16, 2013 – To divest or not to divest? That is the burning question. It began with a Rolling Stone article. Then came a 21-city tour that was part educational lecture, part political rally and part rock concert. Now, author and activist Bill McKibben’s call for institutional investors to phase out of coal, oil…

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Businessweek Reports that Green Century Balanced Fund “Stands Out”

May 8, 2013 — Businessweek’s recently published profile of the Green Century Balanced Fund states that it “stands out” among funds with a low carbon footprint seeking competitive returns. The article, “Green Century Balanced Fund Seeks Stable, Low-Carbon Returns,” reviews how the Fund aims to invest in “upstanding companies outside the oil and gas industries.…

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