Caretaking & Human Capital: Why we’re leading an investor project on paid family leave

America faces a caregiving crisis. Approximately 87 percent of private sector workers in the United States do not have access to a single day of paid family leave. This can drive risk and opportunity for companies. Companies offering paid family leave to all workers, not just those at the top, report improved morale, as well as cost savings from less employee turnover.

In the absence of policy at the federal level, last year Zevin Asset Management decided it was time for responsible investors to ask companies about paid family leave policy and push big employers in the right direction. As featured in a recent issue of Fortune, our shareholder advocacy has already helped win key changes at major companies like CVS Health, Starbucks, and Walmart.

Pat Miguel Tomaino has the story on our paid family leave work and a look ahead in our latest Impact Brief.

Thanks for reading, watching the video above, and sharing comments with pat@zevin.com.

Q2 2018 Advocacy Update

In the first quarter of 2018, we continued using shareholder advocacy for positive impact and long-term risk management. We won a landmark majority vote on climate risk management at Kinder Morgan; we joined with fellow investors to call out companies enabling the Trump administration’s risky and inhumane immigrant detention policies; we moved Google’s parent company Alphabet, and other tech companies, closer to racial and gender inclusion; we challenged Verizon on privacy and net neutrality; and, we joined a global coalition of investors pushing for access to medicines in the global South countries that need them. Pat Miguel Tomaino has our quarterly advocacy update.

Zevin Asset Management Honored as Best for the World 2018

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.