Transcript Overview of Green Century Capital Management

Investors Press Companies to Reduce
Deforestation and Carbon Pollution
Green Century Capital Management, Inc.
114 State Street, Suite 200
Boston, MA 02109
www.greencentury.com
Overview of Green Century Capital Management
• Investment advisor to two socially responsible mutual funds:
- Green Century Balanced Fund
- Green Century Equity Fund
- The Green Century Funds is the first family of diversified,
responsible, fossil fuel free mutual funds in the U.S.
• Leader of highly effective shareholder advocacy program
• Founded and owned by environmental advocacy organizations
(100% of the net profits Green Century earns from managing the
Funds belong to these non-profit organizations)
• Boston-based firm with West Coast office
Green Century Funds
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Why Change the Palm Oil Supply Chain?
•
Deforestation is a leading driver of climate change, species extinction and
human rights abuses
•
Palm oil production is a leading driver of deforestation
•
Curbing deforestation offers one of the most cost-effective opportunities for
greenhouse gas reduction¹
Green Century Funds
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Potential Risks to Companies and Investors
•
Consumers are increasingly concerned
about the supply chain of the food they
buy
•
Companies that use unsustainably sourced
palm oil risk being linked to rainforest
destruction
Concerns about food and
forest converge around
palm oil production.
This high profile banner hanging brought unwanted
national media attention to the targeted company.
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Investors Press Companies to
Purchase Sustainable Palm Oil
• Investors secured commitments from major companies including
Kellogg’s,* ConAgra,* Smuckers,* Panera,* Safeway* and General
Mills*
• The agreements require “all suppliers to trace 100% palm oil purchases to
sources independently verified as protecting High Conservation Value and
High Carbon Stock forests, peatlands, human rights,” by 2015
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Investors Pressed Suppliers to Respond to Investors
•
Pressed major traders including
Wilmar* and Bunge* for zero
deforestation in palm oil
 Wilmar’s commitment will
avoid 1.2 gigatons of
carbon pollution
•
Mobilized investors representing
$600 billion in assets under
mangagement to pressure major
producers to adopt immediate
moratorium on deforestation
 Sime Darby*, IOI
Corporation*, Kuala Lumpur
Kepong Berhad*, and Asian
Agri* received the letter
Green Century Funds
Tropical rainforests are saved and
carbon pollution is reduced when palm
oil production is changed.
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Disclosure: Important Information
¹ The Economist. Curbing Climate Change: The Deepest Cuts. 9/20/14.
http://www.economist.com/news/briefing/21618680-\our-guide-actions-have-done-most-slowglobal-warming-deepest-cuts
* As of 9/30/14, Kellogg Company comprised 0.00% and 0.25%, The JM Smucker Company
comprised 1.12% and 0.15%, Safeway, Inc. comprised 0.00% and 0.12%, General Mills, Inc.
comprised 0.01% and 0.46%, Bunge Ltd. comprised 0.00% and 0.18% of the Green Century
Balanced Fund and the Green Century Equity Fund, respectively. Other securities mentioned were
not held in the portfolios as of 9/30/14. The holdings of the Green Century Funds may change due
to ongoing management of the Funds. References to specific investments should not be construed
as a recommendation of a security by the Funds, their advisor, administrator, or distributor.
Stocks will fluctuate in response to factors that may affect a single company, industry, sector, or the
market as a whole and may perform worse than the market. Bonds are subject to risks including
interest rate, credit, and inflation. The Funds’ environmental criteria limit the investments
available to the Funds compared to mutual funds that do not use environmental criteria.
You should carefully consider the Funds' investment objectives, risks, charges and expenses before
investing. To obtain a Prospectus that contains this and other information about the Funds, please visit
www.greencentury.com, email [email protected], or call 1-800-93-GREEN. Please read the Prospectus
carefully before investing.
This information has been prepared from sources believed to be reliable. The views expressed are
as of the date of this writing and are those of the Advisor to the Funds
The Green Century Funds are distributed by UMB Distribution Services, LLC., 235 W. Galena
Street, Milwaukee, WI 53212 10/14
Green Century Funds
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Green Century Capital Management
www.greencentury.com
1-800-93-GREEN
Green Century Funds
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