Trillium Asset Management’s Advocacy Approach to Gender, Racial and Ethnic Diversity

December 07, 2023 12:00 AM AEDT | By 3BL
Follow us on Google News:

by Shareholder Advocacy Team, Trillium Asset Management 

We at Trillium believe that diversity, inclusive of gender and race, is an essential component of sound governance and essential to a well-functioning organization. As a financial firm, we seek to achieve diversity at all levels and seek to invest in companies that are doing the same.

There should be no doubt that diverse Boards, C-Suites and workforces supported by an inclusive work environment lead to better business outcomes. Studies by McKinsey & Company, The Wall Street Journal, ISS Analytics, and others confirm consistent correlation between diversity on boards and in senior leadership ranks and improved shareholder value, higher levels of innovation or positive financial measures.

We also know environments that foster a culture that welcomes diverse perspectives is critical to a healthy economy and democracy. The #MeToo movement, the Women’s March, the removal of confederate monuments, kneeling NFL players and other efforts both large and small have helped amplify questions and deeper discussion about how we treat women, and racial and ethnic minorities in our communities, workplaces, and schools. These events show us that no industry is immune to the consequences of workplace inequality and underlined the need for companies to measure and report useful investor information on their progress to build inclusive workplaces.

Here is a closer look at Trillium’s Advocacy Approach: Engaging Portfolio Companies on their Workforce, Executive Leadership and Board Diversity - https://greenmoney.com/trilliums-advocacy-approach-to-gender-racial-and-ethnic-diversity

=====


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.



Top ASX Listed Companies

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK