Genus: Influencing U.S. climate policy

When the U.S. Environmental Protection Agency (EPA) moved to adopt a Clean Power Plan to significantly reduce carbon pollution from the power sector – the single largest source of carbon pollution in the United States – some trade associations like the U.S. Chamber of Commerce quickly geared up to oppose it. The U.S. Chamber, which has a long history of persistently and aggressively challenging strong climate and pollution regulations, recently threatened to launch a legal dispute over the EPA’s new regulations.

The Chamber of Commerce isn’t speaking for all its members, however—some of them take climate change seriously and want to see a shift to cleaner energy.

Using shareholder engagement to support better climate regulations

Genus Capital has written to fifteen companies in its own portfolio that have themselves made strong commitments to address the risk of climate change, but are at the same time prominent members of the U.S. Chamber of Commerce.

As shareholders, we’re asking them to evaluate how trade associations, such as the U.S. Chamber, use their companies’ funds in their lobbying and advocacy on climate policy. We’re urging them to distance themselves from the Chamber’s advocacy on climate change, which includes clarifying publicly that the Chamber does not represent their views, as well as convincing the Chamber to refrain from suing the EPA, and refrain from challenging the new Clean Power Plan rules.

As members of the US Chamber, companies can ask it to accurately reflect its members’ views and take a more balanced position on climate change initiatives.

When a company adopts better oversight and management of how its funds are spent on political activity, that’s a sign of better risk management, better alignment of its actions with its values, and better stewardship of the company’s reputation. That will be better for investors.

When companies and their trade associations stop blocking good climate-friendly regulations that will be better for the planet.


Share on facebook
Share on twitter
Share on linkedin
Share on email

Client impact

“Graduating from a big bank to Genus was one of the best financial steps we've ever taken. Genus has delivered reliable asset growth despite our moderate risk tolerance. As our financial security has grown, we've also been the beneficiaries of a great client experience. The company's communications have been consistently transparent and informative, including educational webinars and a well-designed web portal where we can track investments daily. Most importantly to us, our portfolio manager has always responded swiftly and thoroughly to our questions and requests. ”
Martin T.
"Having relatively diverse financial goals and needs, along with a slight reticence regarding the stock market, Genus skillfully addressed all of our concerns, and put together a truly exceptional plan: Fossil free funds and a diversified investment portfolio, check; An effective Impact investment portfolio that coincides with our hopes and dreams for a better world, check; Professional advice and assistance to create a donor advised charitable fund with immediate charitable receipts for tax purposes, check. Returns? Way beyond our expectations! We even had some fun along the way and certainly enjoyed an incredible two-year start to what will be a satisfying long-term relationship with Genus."
Marc B.
“I love the service I get at Genus.”
Chris H.
“Leslie and I were fellow board members when we met twenty years ago. For the last ten she has been thoughtful in the construction of an investment strategy for my family and is executing the strategy as planned. The team at Genus has met my expectations and are a pleasure to deal with.”
Bob Q.
“For over 15 years, I have provided selection and performance evaluation of multiple investment managers for a significant family office. Leslie and Genus have been foundational for me in my role. I have always found Leslie and her colleagues to be insightful and proactive, and found the performance of their portion of the portfolio to be well above benchmarks. And they have been a great pleasure to work with.”
Douglas H.
“Genus is a very innovative firm. I am pleased to invest in their Fossil Free and Impact strategies that help me invest in line with my values.”
Marnie C.
“Great team of professionals. Excellent website and reporting. Responds to inquiries promptly. Very pleased with the process of changing from another company to Genus as well. Kudos.”
David L.
“Genus consistently provides a good, clearly explained, comprehensive picture of the general economic and financial situation, along with an excellent account of the investment decisions made in relation to this. Genus’ equally strong concern with clients’ questions and requests for further information is also a very important part of the service it provides.”
Allan S.
“Back in 1992 when I found myself at fifty with a substantial amount of money to invest, I knew just one thing — that I didn’t want to contribute to tobacco companies, arms manufacturers, or oil. But over the ensuing years the options for socially responsible investing have become far more sophisticated and I’m very happy that this is a big part of the Genus approach. I also very much appreciate the long-term relationship with my portfolio manager, Mary Lou.”
Ann P.

As seen in

Are you ready to make an impact
with your investments