If you own shares in a company, you have a voice and can advocate for the changes you wish to see. Our portfolio managers are actively engaged in numerous avenues of shareholder activism such as proxy voting, shareholder resolutions, and direct dialogue with the companies they choose for their investments. These active managers work to drive corporate sustainability forward through participation in standard setting exercises, publication of research reports, and involvement in public policy. At Blue Summit, we represent over $110 million in assets that are being used to bolster the progress towards greater corporate responsibility. Furthermore, we are part of a growing demographic of investors that place more and more value on the role their money plays in creating a more sustainable world. Shareholder activism has spurred corporations to dig deeper in their commitments to efficient energy usage, environmental well-being, waste reduction, fair employee treatment, social justice and community health.


Below are some exemplary stories from 2019 that reflect the incredible impact your dollars are having.

VERIZON Communications, Inc. announced a commitment to source the equivalent of 50% of its annual electricity usage from renewable sources by 2025. Verizon is the largest telecommunications company in the U.S., with more than 147 million wireless subscribers, so this commitment represents a massive reduction in greenhouse gas emissions (GHGs). According to Verizon, more than 93% of the company’s GHGs come from the electricity used to power its networks, so this ambitious goal will go a long way towards reducing the environmental impact of the company’s operations.

Shipment Zero is AMAZON’S first concrete commitment to reducing its carbon footprint. It commits the company to carbon neutrality for half of its package deliveries by 2030, with a broader vision for entirely carbon neutral deliveries in the future. Considering that Amazon shipped more than 5 billion packages in 2017 through its Prime program alone, this commitment represents a significant step forward. Amazon also announced that it would publicly disclose its company-wide carbon footprint by the end of 2019.

ARAMARK, one of the world’s largest food service providers, commits to implement a robust no-deforestation commitment by 2025. Aramark agreed to develop a “No Deforestation, No Peat, No Exploitation” (NDPE) sourcing policy to protect tropical forests and peatlands, endangered species, biodiversity, and local workforces. Preserving high carbon stock tropical forests and peat is essential for mitigating climate change. Aramark also explicitly agreed to prohibit legal deforestation in its supply chain. This is especially important for commodities, such as soy, cattle, and coffee, that come from Latin America, where government-sanctioned deforestation is a considerable risk. Aramark serves nearly 2 billion meals each year in schools, hospitals, sports stadiums (including Boston’s beloved Fenway Park), and more, so the environmental ramifications of this agreement will be substantial.