NY Times: Seeking Investments That Are Profitable and a Little Bit Green
The New York Times recently published an article about how Trillium, our clients, and other concerned investors are incorporating Environmental, Social and Governance factors into investment decisions.
Paul Sullivan writes:
“…A focus on these factors — known by the shorthand E.S.G. — is a distance from the pure green investments that had less to do with returns. She [Trillium client Sarah Kupferberg] has invested in Starbucks (even though she prefers to drink Peet’s Coffee) because of its policies toward its employees, like health benefits for part-time workers.
Applying an E.S.G. screen in this instance is a way to look at how companies in similar sectors compare, said Matthew W. Patsky, chief executive of Trillium Asset Management. He drew a contrast between Starbucks and McDonald’s, which does not offer health care benefits for part-time workers…”
You can read the entire article here.