Trillium Subadvised Green Century Balanced Fund is First U.S. Mutual Fund to Report its Carbon Footprint

The Green Century Balanced Fund, which is subadvised by Trillium, just announced that it is the first U.S.-based mutual fund to disclose its carbon footprint. 

The carbon footprint analysis was conducted by Trucost, and the results indicate that the carbon intensity of the Balanced Fund is two-thirds less than that of the S&P 500 Index.

Click here to read the carbon footprint report and full press release.

PA Treasurer Invests in Green Century Balanced Fund

Pennsylvania’s Treasury Department selected the Green Century Balanced Fund for a $5 million investment as part of the state’s new environmental investment initiative. Trillium Asset Management Corporation is the sub-advisor for the environmentally focused mutual fund. Adam Seitchik, Ph.D., CFA, the lead portfolio manager for the Fund, states “the Green Century Balanced Fund is focused on investing in companies of all sizes that make strong environmental contributions toward a cleaner and healthier future. We are excited that Pennsylvania is taking the long-term perspective that competitive, risk-adjusted returns are contingent on the vibrancy of our economy and the environment.”

Please visit www.greencentury.com for more details.