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2019

October 21, 2019

Q3 2019 Audiocast

Steven Dray, senior portfolio manager and chief investment officer, breaks down our perspective on performance and market outlooks as we enter the final quarter of 2019:

Category: Investment Updates

October 15, 2019

Q3 Impact Update

In the third quarter of 2019, we continued using shareholder advocacy for positive impact and long-term risk management. This work included submitting a shareholder proposal challenging Apple on human rights and diversity, engaging with Costco about food systems and sustainable protein, meeting with UPS about climate change strategy, and contacting several pharmaceutical companies about global access to medicines and the Sustainable Development Goals.

You can read about all of these initiatives and more in our Q3 Impact Update. Contact our Director of Socially Responsible Investing Pat Miguel Tomaino (pat@zevin.com) with any questions, comments, or suggestions.

Category: Shareholder Activism

September 4, 2019

Zevin Asset Management Honored as Best for the World 2019

For the fourth year in a row, we have earned a place on the Best for the World lists within the Certified B Corporation community. This year Zevin Asset Management was named Best for Customers by scoring in the top 10 percent of all Certified B Corps because of our firm’s focus on serving clients as we help solve pressing social and environmental issues.

We were also honored as a top Changemakerawarded based on verified positive change across all impact areas over time.

As socially responsible impact investors, we believe that factors ranging from climate change risk to racial injustice drive risk and opportunity. We integrate those issues into our investment process and also use shareholder advocacy to help improve the environmental and social practices of companies in our clients’ portfolios. These Best for the World honors reflect our continued success delivering socially responsible investment solutions for our clients, as well as durable, positive impact.

Zevin Asset Management is proud to be a Certified B Corporation. Companies that undergo certification commit to being a new kind of business that balances purpose and profit. Certified B Corps are legally required to consider the impact of their decisions on their workers, customers, suppliers, community, and the environment.

Certified B Corps were honored in several different categories: Best for Workers, Best for Community, Best for Customers, Best for Governance, Best for Environment, Changemakers, and Best for the World Overall. Visit B Lab’s website for more information and for this year’s selection criteria: https://bcorporation.net/2019-best-for-the-world

B Lab (www.bcorporation.net) is the nonprofit organization that certifies B Corporations and designates awards. B Lab aims to drive systemic change by: (1) building a community of Certified B Corporations to make it easier for all of us to tell the difference between “good companies” and good marketing; (2) passing benefit corporation legislation to give business leaders the freedom to create value for society as well as shareholders; (3) helping businesses measure, compare and improve their social and environmental performance with the free B Impact Assessment; (4) driving capital to impact investments through use of its B Analytics and GIIRS Ratings platform.

Thanks for reading and sharing. For more on our social and environmental impact, join us on our websiteMediumTwitter, and LinkedIn. And please don’t hesitate to contact invest@zevin.com with your questions, thoughts, and suggestions.

  • Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal.
  • B Lab results are, at least in part, based on responses provided by the Adviser.
  • The Adviser pays annual membership dues to B Lab, which is a requirement for eligibility in B Lab results.

 

Category: Organizational News

July 23, 2019

Q2 2019 Audiocast

Kevin Callahan, senior portfolio manager, breaks down our perspective on performance and market outlooks as we enter the third quarter of 2019:

July 11, 2019

Q2 Impact Update

In the second quarter of 2019, we continued using shareholder advocacy for positive impact and long-term risk management. This work included challenging companies with shareholder proposals on executive compensation, sustainability, and diversity/inclusion; tangling with Walmart on labor standards and shareholder rights; and calling out the practices of donor advised funds that let philanthropic dollars flow to racist and anti-LGBTQ hate groups.

You can read about all of these initiatives and more in our Q2 Impact Update. Contact our Director of Socially Responsible Investing Pat Miguel Tomaino (pat@zevin.com) with any questions, comments, or suggestions.

Category: Shareholder Activism

May 6, 2019

Zevin Asset Management Completes GIPS® Verification

As of April 23, 2019, Zevin Asset Management claims compliance with the Global Investment Performance Standards (GIPS®). This claim has been independently verified for the period of 12/31/2007 to 12/31/2017. The firm’s verification was conducted by ACA Performance Services. 

The GIPS® standards are a set of standardized, voluntary, industry-wide ethical principles that provide investment firms with guidance on how to calculate and report their investment results to prospective clients. The GIPS® standards were created and are administered by the CFA Institute, the global, not-for-profit association of investment professionals. Claiming compliance with the GIPS® standards demonstrates a firm-wide commitment to ethical best practices and strong internal control processes.

GIPS® Verification is the review of an investment management firm’s performance measurement processes and procedures by an independent third-party verifier. Verification assesses whether the firm has complied with all composite construction requirements of the GIPS® standards on a firm-wide basis and if the firm’s policies and procedures are designed to calculate and present performance in compliance with the GIPS® standards. Verification does not ensure the accuracy of any specific composite presentation.

To receive a copy of Zevin Asset Management’s GIPS®-compliant presentation and/or the firm’s list of composite descriptions, please email invest@zevin.com or call 617-742-6666. 

Category: Organizational News

April 11, 2019

Q1 Impact Update

In the first quarter of 2019, we continued using shareholder advocacy for positive impact and long-term risk management. Among other work, our proposal on lobbying ethics performed very well at Disney’s annual shareholder meeting; we continued a dialogue on responsible lending and customer protection with the Indian banking giant HDFC; we testified at the Boston City Council in support of divesting public funds from companies that profit from mass incarceration; and we joined with other investors pressing large banks to stop financing oil drilling in the Arctic National Wildlife Refuge.

You can read about all of these initiatives and get a detailed account of our advocacy dialogue with The TJX Companies (parent of T.J. Maxx and Marshall’s) in our Q1 Impact Update. Contact our Director of Socially Responsible Investing Pat Miguel Tomaino (pat@zevin.com) with any questions, comments, or suggestions.

Category: Shareholder Activism

March 6, 2019

Testifying for Responsible Investment in Boston

Last week, Director of Socially Responsible Investing Pat Tomaino joined neighbors, activists, and more than 130 citizens calling on Boston’s city council to divest public funds from risky companies like private prison operators, weapons makers, and fossil fuel companies.

The Boston City Council hearing — which included our allies such as Corrections Accountability Project, College Bound Dorchester, Mass Peace Action, Muslim Justice League, Boston Ujima Project, and other leading socially responsible investing (SRI) firms — proposed strategies for responsible re-investment in local initiatives that meet residents’ most urgent needs.

Click to read more, including our public testimony to the Boston City Council.

 

Categories: Shareholder Activism, In the Press

January 9, 2019

Q4 Impact Update

In the fourth quarter of 2018, we continued using shareholder advocacy for positive impact and long-term risk management. We filed several shareholder proposals challenging companies to link executive pay to long-term sustainable performance, promote inclusion, and improve lobbying ethics. We also co-authored an important letter to Amazon, urged world governments to act on climate change, and participated in a pathbreaking working group on investing and racial justice. You can read about all of these initiatives and get a detailed account of our advocacy dialogue with Ecolab in our quarterly Impact Update.

Category: Shareholder Activism

Past performance is not indicative of any specific investment or future results. Views regarding the economy, securities markets or other specialized areas, like all predictors of future events, cannot be guaranteed to be accurate and may result in economic loss to the investor. Specific securities identified and described may or may not be held in portfolios managed by Zevin Asset Management, LLC and do not represent all of the securities purchased, sold, or recommended for advisory clients. The reader should not assume that investments in the securities identified and discussed were or will be profitable. Any securities identified may not have beenselected based on their performance but as an illustrative tool for demonstrating ZAM's shareholder advocacy approach.