Boston Common Asset Management was honored for the third, consecutive year as one of the Top 100 Women-led Businesses in Massachusetts. The Commonwealth Institute and the Boston Globe Magazine partnered to recognize women-led organizations that excel in innovation and have strong records of workplace and management diversity, in addition to revenue.
The Top 100 list represents revenue of over $70 billion and 16% of GDP in Massachusetts in 2014. In roughly 50% of the companies honored, women comprised at least half of the management team, and about 70% of the companies, including Boston Common, have achieved a gender-balanced workforce.
“We are thrilled to be included among the Top 100 Women-led Businesses again,” said Geeta Aiyer, President and Founder of Boston Common Asset Management. “We are proud to have built a diverse team of professionals in our firm, which is both employee-owned and majority-owned by women.”
Boston Common assesses companies holistically by integrating traditional financial analysis with Environmental, Social, and Governance research. In 2015, the firm signed the Women’s Empowerment Principles, a partnership of UN Women and the UN Global Compact, which encourages global engagement to advance and empower women in the workplace, marketplace, and community. Boston Common also works alongside the 30 Percent Coalition to advance broader board diversity as one of the company’s many shareowner engagement initiatives.
ABOUT BOSTON COMMON ASSET MANAGEMENT
Boston Common Asset Management is an experienced investment manager dedicated to the pursuit of financial return and social change. We invest over $1.9 billion on behalf of institutional and individual investors – exclusively offering sustainable and responsible investment options. Each of our strategies intentionally integrates in-depth research into company specific Environmental, Social, and Governance (ESG) practices. We combine this research with rigorous financial analysis to build diversified portfolios of high-quality, socially responsible companies. As shareowners, we urge our portfolio companies to improve transparency, accountability, and attention to ESG issues. We are proud to have built a strong investment record and believe we have meaningfully improved corporate practices globally through our engagement.