Climate Change Data

Boston Common Asset Management (BCAM)

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Biodiversity
  • Deforestation
  • Sustainable Chemistry
  • Sustainable Solar
  • Gender Equity
  • Inclusive Finance
  • Ethical AI
  • Indigenous Peoples Rights
  • Just Transition
  • Human Rights
  • Board Diversity
  • Workplace Diversity

Environmental Achievements

  • Began partnership with GreenPlaces to calculate Scope 1, 2, and 3 emissions and assist in selecting a carbon offset provider.
  • Calculating and offsetting Scope 1 and 2 emissions since 2005.

Social Achievements

  • Developed an Investor Guide for Prioritizing Gender.
  • Engaged 11 US banks on advancing access to finance and inclusion.
  • Co-led the World Benchmarking Alliance (WBA) Digital Inclusion Collective Impact Coalition, engaging 40 companies globally to adopt public ethical AI commitments.
  • Changes to recruitment practices reduced requirements in job descriptions to encourage more diverse applicants.
  • Sponsored firm-wide volunteer days and partnered with BrightFunds for employee giving campaigns.

Governance Achievements

  • Updated proxy voting guidelines to require at least two racially diverse candidates for US large-cap companies.
  • Engaged 45 companies on board and workplace DEI following votes against their boards based on diversity.
  • Majority vote (60.4%) on Netflix lobbying resolution led to enhanced disclosure on lobbying oversight.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Regulatory uncertainty and political hostility towards ESG investing.
  • Slow progress on board gender diversity in Japan and Korea.
  • Persistent gender pay gap in Japan despite equal pay laws.
  • Challenges in recruiting female engineers in Japan.
Mitigation Strategies
  • Strategic ESG-integrated philosophy to differentiate and broaden understanding of investment risks and opportunities.
  • In-person engagement in Asia to deepen understanding of corporate culture and ESG momentum.
  • Sustained dialogue and persistence with companies.
  • Use of proxy voting, shareholder resolutions, and issue-area initiatives.
  • Collaboration with investors and multi-stakeholder coalitions.
  • Public policy engagement.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Engaging suppliers on Scope 1 and Scope 2 emissions (LG Chem).
  • Investor expectations for certification of sustainable wood fiber and traceability (Essity, Mondi).

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Certified B Corp

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Best for the World B Corp (five consecutive years)