BOSTON, MA – Boston Common Asset Management, a global sustainable and responsible investment firm, is featured in The Commonwealth Institute’s2013 list of the Top 100 Women-led Businesses in Massachusetts. The Commonwealth Institute has partnered with the Boston Globe Magazine to publish the Institute’s 12th annual list in its November 3, 2013 issue, Women & Power.
Of the four financial services companies featured on in the Top 100 list, Boston Common Asset Management leads its category. All businesses honored, from a wide range of industries, were recognized at an event hosted by the Commonwealth Institute on November 1 at Boston’s Renaissance Hotel.
“We are honored to be recognized by the Commonwealth Institute,” said Geeta Aiyer, Founder and President of Boston Common Asset Management, “and to stand in the company of so many visionary women.”
Pam Reeves, Vice Chair of the Commonwealth Institute, remarked to the honorees that while the Top 100 Women-led Businesses list “represents 13% of GDP in Massachusetts,” companies still have much to do to improve underrepresentation of women in positions of power in the workplace.
“Women on the Boards of Directors of Fortune 500 companies represented only 16% in 2012, and over one quarter of those companies had no women executive officers,” said Aiyer. “As shareholders, Boston Common encourages portfolio companies to commit to building broader board diversity alongside the 30 Percent Coalition, which has set a goal of women holding 30% of board seats across public companies by the end of 2015. We believe having more women and greater diversity on boards and in top management at companies here and abroad, can improve governance and enhance corporate performance.”
About Boston Common Asset Management, LLC
Boston Common Asset Management is an investment manager and a leader in global sustainability initiatives. Boston Common specializes in long-only equity and balanced strategies and pursue long-term capital appreciation by seeking to invest in diversified portfolios of high quality, socially responsible stocks. Through rigorous analysis of financial, environmental, social, and governance (ESG) factors we identify what it believes are attractively valued companies for investment. As shareholders, Boston Common urges portfolio companies to improve transparency, accountability, and attention to ESG issues. Boston Common’s focus is global; it manages international and U.S. portfolios to meet the needs of institutional and individual investors. As of September 30, 2013, Boston Common managed approximately $2 billion, including subadvised assets. We are independent, employee-owned, and field a seasoned, close-knit team of professionals.