Thought Leadership
Aramark* serves two billion meals a year in schools, hospitals, sports stadiums and more, so the environmental ramifications of Green Century’s recent engagement with the company will be substantial.
Following a meeting in Green Century’s office in Boston, Aramark agreed to develop and fully implement a no-deforestation commitment within six years. Consequently, Green Century withdrew the shareholder resolution it had filed with the company.
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After Green Century filed a shareholder resolution with the company in November, Verizon announced a new commitment to source 50% of its entire electricity usage from renewable energy sources by 2025, a significant increase for one of the country’s largest energy consumers.
Read MoreAs the year comes to a close, I wanted to share some of Green Century’s 2018 highlights with you. It’s been an eventful and impactful year. Onto the list!
Read MoreMcDonald’s made its meals happier this week by announcing the formal adoption of a policy to restrict medically important antibiotic use in its beef supply chain. McDonald’s will begin by monitoring antibiotic use in its top ten beef sourcing markets across the globe and use that data to set reduction targets for reducing on-farm medically important antibiotic use by the end of 2020.
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Considerable strides have been made in palm oil sustainability in just the past six years. Since Green Century began pressing palm oil growers and traders to make zero-deforestation commitments in 2012, the percentage of refined palm oil covered by these commitments has ballooned from 5% to 74%.
Securing these commitments has been instrumental in the effort to combat climate change, preserve habitats for endangered species, and mitigate potential financial risks for investors.
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I just returned from Indonesia and Malaysia, where I met with palm oil growers, processors, and traders, and with banks that finance the development of palm oil, to press them to end deforestation. As a shareholder advocate, my job is to engage with companies and pressure them to improve their environmental practices.
Green Century’s shareholder advocacy is unique. Our version of shareholder advocacy goes well beyond simply voting the proxies of the corporations in our Funds.
Read MoreThe rampant misuse of antibiotics in animal agriculture is creating drug-resistant bacteria that are harming public…
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As the first family of fossil fuel free, diversified and responsible mutual funds in the United…
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A Letter from Green Century President Leslie Samuelrich
We are only a few days into 2019, but we already have a front-runner for word of the year: volatility. I know volatility can be a bit unsettling for investors, so I wanted to offer some reassuring thoughts: Remember why you invest with Green Century. You invest to save for your future and to make an impact. The market may be unpredictable but the environmental impact of your Green Century investment remains steadfast.
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