Today, Zevin Asset Management earned a place for the third year in a row on the Best for the World lists within the B Corp community. This year Zevin Asset Management was named Best for Customers by scoring in the top 10 percent of all B Corporations because of the investment firm’s focus on solving social and environmental issues through its services.
Automobile Industry & the Electric Vehicle Revolution
The growth of the global automobile industry over the past century has been intrinsically tied to the internal combustion engine. Rapid advances in battery technology represent a sea change for the industry that has fueled the accelerating global rollout of electrified vehicles that will displace demand for conventional vehicles. The electrification of vehicles, both passenger and commercial, is a game changer that will disrupt the staid industry. Traditional manufacturers, suppliers, and distributors will be forced to confront the new electric car reality and the different competitors, economics, and regulations that accompany it. If done right, this important shift can have a significant positive effect on carbon emissions.
Q1 2018 Advocacy Update
In the first quarter of 2018, we continued using shareholder advocacy for positive impact and long-term risk management. We joined with fellow socially responsible investors to urge gunmakers, retailers, and financial firms to address the risks of gun violence; we moved hotel giant Marriott toward greater diversity and equity; we joined a campaign to push companies toward carbon disclosure; and we continued work pressing employers on paid family leave policy, with new wins at CVS Health and TJX Companies. Pat Miguel Tomaino has our quarterly Advocacy Update.
War! What Is It Good For?
The classic anti-war song of the 1960s “War” performed by Edwin Starr for Motown records was intended as a protest against military conflict during the war in Vietnam. The singer’s bold and definitive conclusion that war is good for “absolutely nothing” is equally applicable to the misguided policy of trade wars. Yet here we are in the early days of this exact policy blunder, which has been condemned as shortsighted and destructive by virtually every economist, political scientist, business leader, and elected official — save one: President Trump.
Zevin Asset Management Named a Leading Money Manager for Positive Impact
Zevin Asset Management has been honored as a leading socially responsible investment manager by experts at Real Impact Tracker. Real Impact Tracker is an easy-to-use, new tool to help individuals and institutions find money managers that create positive social and environmental benefit with their investments. Real Impact Tracker estimates that only 7 percent of investment funds would qualify for the certification Zevin Asset Management has received. Read more about this new tool and Zevin's rating.