Barron’s, a widely read financial magazine, quoted Steven Heim, Managing Director at Boston Common Asset Management, in an article about the release of the “Disclosing the Facts 2014” report. In his comments, Steven highlighted Boston Common’s belief that companies with strong environmental management systems will be more efficient and profitable over time. The article then goes on to acknowledge the growing importance of socially responsible investing!
“Disclosing the Facts 2014” shows that while several best practices are in widespread use by the fracking industry, greater disclosure is needed about how companies address community impacts and negative impacts that may threaten their social license to operate. Until companies provide adequate disclosure, investors have no way of crediting those companies making meaningful efforts to adopt best practices and mitigate their impacts on communities and the environment.
The Barron’s article appeared on December 13th, 2014. The referenced report, “Disclosing the Facts 2014: Transparency and Risk in Hydraulic Fracturing Operations” was released by As You Sow, Boston Common Asset Management, Green Century Capital Management, and the Investor Environmental Health Network-a coalition of investment advisory firms and advocacy organizations.
Boston Common Asset Management, LLC is an investment manager and a leader in global sustainability initiatives. It specializes in long-only equity and balanced strategies and pursues 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, it identifies 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. Since its inception in 2003, Boston Common has built a strong investment record and has meaningfully improved corporate practices in the U.S. and abroad.