[BASIC Event Recap] Divesting from Guns: Understanding Portfolio Exposure Beyond Manufacturers
by Marion Rockwood
On June 7, 2018, BASIC-Boston and Boston’s Marjory Stoneman Douglas alumni chapter collaborated on an event hosted by Hemenway & Barnes. BASIC-Boston co-president Sarah Smith moderated a panel that included:
Michelle Friedman - Executive Director of ESG Business Development at MSCI Inc.
Eric Packer - Financial Advisor at Progressive Asset Management
Lauren Compere - Director of Shareowner Engagement at Boston Common Asset Management
Below are some resources that were referenced over the course of our discussion:
Goodbye Gun Stocks screens your mutual funds for firearms manufacturers and retailers.
Sustainalytics' report on companies' firearm exposure
ICCR's investor statement on gun violence
Green America’s consumer/retail investor letter (open until June 18)
BlackRock's approach to engagement for passively held gun manufacturers