Also in this playlist...
This transcript is automatically generated
That when you think about investing in companies with strong say for example environmental or social profiles.
-- thinking about multi billion dollar corporate giants like say -- Dow component well probably not but my next guest is and he has found some big name names.
Where you can cash in and actually feel good socially about these things Matthew -- is the CEO at trillium asset management and he's joining us now -- Fox Business exclusive.
I listened who doesn't like the idea of investing with a conscience but does it make me money.
Absolutely moment when we look at the history.
SRI or or sustainable responsible investing as we define it.
-- -- has been doing this now for almost thirty years and we're really looking at picking up additional data points.
To try to integrate into the investment process we're not looking at companies that are doing good socially and just buying them we're looking at companies that are fundamentally strong.
We're incorporating environmental social and governance characteristics.
And picking better companies that have stronger management teams and that our solid winner so we're looking for quality -- You just answered my next question which was okay give me the data points of what you specifically look for now let's talk about.
34 names for example that fit into this let's start with your first pick.
Can't whole foods whole foods certainly of great grocery chain but what what are they so socially responsible about what they can -- Whole foods has been industry leader in retailing in the United States organic and natural foods which in have itself is helpful in terms of environmental impact and so.
And and we we also see on the fundamental side that there is a growing market for organic and natural -- so.
As the industry leader they've been one of the main beneficiaries we've done very well the stock over time we we are when did you buy it our first -- a whole foods -- stretched back when they went public nice because it's up 45% over just the past year awhile -- -- -- PE -- a little high 25 it is rich right now and I would tell you that's close to our price target which is 75 and so we are not actively buying additional shares now.
But we we are very very -- we'll tell people what what price would you start buying it again it it would be at sixty would be something we would go back in and we start to add to.
Kansas City Southern this is a pure play it rail and how -- they socially responsible it's at -- -- and of itself is four to five times more energy efficient than other transportation benefits and so -- it rally is an energy efficiency play and it's also one that this is a great play.
On the emerging growth of Latin America and then and then developing economies of Latin America and seen a nice run up we're looking at the highs of the session -- the year here up about 43% over the past year would you not.
By right now at about one and we would still be willing to add to hear we think you could could eighty.
Cerner which is -- on electronic medical records and Cerner -- we think that there is a social benefit obviously to what they're doing -- -- helping.
Bring to new visualization to The Who medical records and and it's improving health outcomes it ultimately is like a way of reducing health care cost.
And improving accuracy of health care.
-- for for health care provider.
And that 12 looking very good finally somebody it's cheaper right now I mean IBM doesn't quite fit and that because it's done extraordinarily well but but certainly off the highs.
Yeah -- Cerner has pulled back and I think it could be but now I mean IBM which is is.
And obviously of that he met multinational but has been.
Focusing on increasing its services business focusing on -- doing doing a better job in terms of energy efficiency in its hardware business.
There's one that we still like in that we've had a long time as a.
She makes a good data happy because we do have the Occupy Wall Street protesters who were down there -- -- Wall Street right heating financial people like yourself right.
Except that you you would probably say well we're trying to be socially responsible and all of this but how do you square with what's going on down there with what you do right well.
It when we look at that central issues that they're raising we agree with many of the central issues they're raising.
There is growing in coming inequality there is a problem with the system in terms of taxation and fairness there is some problems in which.
Mean just that the simple that Warren Buffett has a lower tax rate and its secretary which is obviously stated will and and and pay increases is unfair.
It it that needs to be adjusted there's a growing corruption of the process by money and influence of money in the process.
You know there's now -- it was -- reasons statistic of over 70% of the American public believe the system is unfair.
That's a problem now for democracy.
And so we need to sort of address those issues and -- not saying that the proposals that Occupy Wall Street necessarily has -- with the come up with -- what we would support.
But we do believe they've raised some very legitimate issues that are deep concern to -- the trillium asset management.
Matthew -- he is the CEO of trillion asset where they do socially responsible investing thank you very much for coming thank.
Filter by section