Green Century Commends California’s Fossil Fuel Free Future
Press Release Contact: Kyle W. Kempf, Green Century Capital Management, email@example.com, (617) 482-0800
BOSTON, September 12, 2018 – This week, Governor Jerry Brown signed the landmark Senate Bill 100 (SB 100), which will put California on a path to generate 100% of its electricity from renewable and zero-carbon sources, such as solar and wind, by 2045.
“Green Century commends Gov. Brown and the California legislature for this historic achievement,” said Leslie Samuelrich, president of Green Century Capital Management. “And we’re proud to have played a role in the codification of California’s fossil fuel free future.”
Green Century mobilized institutional investors, representing $22.36 billion in assets under management, in support of SB 100, which is “the most important climate law in U.S. history,” according to the MIT Technology Review.
Green Century also supported the work of Environment California, which led the stakeholder coalition advocating for SB 100. Environment California marshaled more than 250 organizations in the environmental, public health, labor, environmental justice, faith, business and youth communities in support of the legislation.
As the only U.S. mutual fund company founded and owned by environmental non-profit organizations, 100% of the profits Green Century earns for managing its funds support the work of environmental and public health organizations.
Green Century’s support helps make monumental environmental victories, like SB 100, possible.
About Green Century Capital Management
Green Century offers three environmentally and socially responsible mutual funds. Through fossil fuel free investing and our three-pronged approach of sustainable investing, active shareholder advocacy, and support of environmental and public health non-profits we work to curb climate change, improve environmental policies, and limit environmental impacts of company supply chains.
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