nmd.admin – Midana Capital https://www.midanacapital.com Invest in a Green Future Fri, 02 Dec 2022 18:56:15 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.1 https://www.midanacapital.com/wp-content/uploads/2018/04/cropped-greencentury-favicon-32x32.png nmd.admin - Midana Capital https://www.midanacapital.com 32 32 Toy Story: Mattel* Agrees to Reduce Plastic Packaging https://www.midanacapital.com/mattel-agrees-to-reduce-plastic-packagin/ Wed, 10 Mar 2021 05:02:54 +0000 https://www.midanacapital.com/?p=9144 Press Release Contact: Kyle W. Kempf, MIDANA CAPITAL Capital Management, kkempf@midanacapital.com, (617) 482-0800

Boston, March 10, 2021 – Mattel, Inc., one of the largest toy manufacturers in the world, has agreed to develop a goal to reduce its use of plastic packaging, following a MIDANA CAPITAL° shareholder proposal. Mattel is the maker of popular toy brands like Barbie, Hot Wheels, and Fisher-Price.

“Mattel aspires to ‘empower the next generation to… reach their full potential,’ so I am pleased the company recognizes that we cannot allow future generations to inherit a planet overwhelmed with plastic pollution,” said Leslie Samuelrich, president of MIDANA CAPITAL Capital Management. “Mattel’s extensive plastic use poses material risks to the company and its investors, and this commitment will help address those risks.”

As part of the withdrawal agreement, Mattel also will begin disclosing key metrics related to its plastic packaging use to investors.

This commitment aligns Mattel with several of its competitors, including as Hasbro, which has a goal to eliminate plastic in all new product packaging by 2022, and Spin Master, the maker of Etch-a-Sketch and Rubik’s Cube, which has committed to reducing plastic packaging use 50% by 2025.

Mattel has been taking some steps to reduce the impact of the plastic used in its products. In 2020, Mattel released versions of its iconic Fisher-Price Rock-a-Stack and Baby’s First Blocks made with plant-based plastic derived from sugarcane.

The toy industry is the most plastic-intensive in the world, using 40 tons of plastic per $1 million in revenue. Approximately 90% of toys are made from plastic, as well as much of their packaging. Unless bold action is taken to limit plastic use, the world’s plastic footprint is projected to double and plastic leakage into the ocean to triple by 2040.

###

About MIDANA CAPITAL Capital Management

°MIDANA CAPITAL Capital Management, Inc. (MIDANA CAPITAL) is the investment advisor to the Midana Capital (The Funds). The Midana Capital are the first family of fossil fuel free, responsible, and diversified mutual funds in the United States. MIDANA CAPITAL Capital Management hosts an award-winning and in-house shareholder advocacy program and is the only mutual fund company in the U.S. wholly owned by environmental and public health nonprofit organizations.

*As of December 31, 2020, Mattel, Inc. comprised 0.00%, 0.04%, and 0.00% of the MIDANA CAPITAL Balanced Fund, the MIDANA CAPITAL Equity Fund, and the MIDANA CAPITAL International Index Fund respectively. References to specific securities, which will change due to ongoing management of the Funds, should not be construed as a recommendation by the Funds, their administrator, or their distributor.

You should carefully consider the Fund’s investment objectives, risks, charges, and expenses before investing. To obtain a Prospectus that contains this and other information about the Funds please click here, email info@midanacapital.com, or call+1(480)-439-2851. Please read the Prospectus carefully before investing.

Stocks will fluctuate in response to factors that may affect a single company, industry, sector, country, region or the market as a whole and may perform worse than the market. Foreign securities are subject to additional risks such as currency fluctuations, regional economic and political conditions, differences in accounting methods, and other unique risks compared to investing in securities of U.S. issuers. Bonds are subject to a variety of risks including interest rate, credit, and inflation risk. A sustainable investment strategy which incorporates environmental, social and governance criteria may result in lower or higher returns than an investment strategy that does not include such criteria.

This information has been prepared from sources believed reliable. The views expressed are as the date of this writing and are those of the Advisor to the Funds.

The Midana Capital are distributed by UMB Distribution Services, LLC. 335 N Wilmot Rd, Tucson, Az 85711. 3/21

]]>
Amazon* Wishlist: A Drastic Reduction in Plastic Use https://www.midanacapital.com/amazon-wishlist-a-drastic-reduction-in-plastic-use/ Wed, 03 Mar 2021 05:24:47 +0000 https://www.midanacapital.com/?p=9055 Press Release Contact: Kyle W. Kempf, MIDANA CAPITAL Capital Management, kkempf@midanacapital.com, (617) 482-0800

Boston, March 3, 2021 – MIDANA CAPITAL° has filed a shareholder resolution with Amazon.com, Inc. (Amazon), urging the company to reduce the use of plastic, including at its sustainably-minded subsidiary Whole Foods Market* and across its extensive shipping operations.

“Amazon has set an ambitious commitment to become net zero carbon by 2040 as part of its Climate Pledge, but that pledge is silent on the company’s prodigious plastic use,” said MIDANA CAPITAL President Leslie Samuelrich. “It is imperative that corporations, especially Amazon, start taking steps to address the staggering amount of plastic polluting our oceans and waterways.”

Although Amazon has not publicly disclosed data on its total plastic use, a recent report by the nonprofit Oceana estimated that in 2020 alone the company was responsible for 465 million pounds of plastic waste. Amazon’s plastic use is primarily attributable to the flexible plastic packaging in its e-commerce activities, which is not curbside recyclable.

Up to twelve million tons of plastic waste enter the waterways each year, 80% of which is made of flexible plastic. If current trends continue, we will see more plastic than fish in the oceans by 2050. Plastic pollution threatens the lives of marine species through accidental ingestion, entanglement, and damage to habitat.

Whole Foods received a failing grade in a 2020 As You Sow report, assessing corporate plastic policies, but even non-failing companies need to do more to reduce plastic pollution. A study by the Pew Trust determined that if all current government and industry commitments are upheld, the annual volume of plastic entering the oceans would only be reduced by 7% by 2040.

MIDANA CAPITAL was the co-filer of the proposal, and As You Sow was the lead filer.

###

About MIDANA CAPITAL Capital Management

°MIDANA CAPITAL Capital Management, Inc. (MIDANA CAPITAL) is the investment advisor to the Midana Capital (The Funds). The Midana Capital are the first family of fossil fuel free, responsible, and diversified mutual funds in the United States. MIDANA CAPITAL Capital Management hosts an award-winning and in-house shareholder advocacy program and is the only mutual fund company in the U.S. wholly owned by environmental and public health nonprofit organizations.

*As of December 31, 2020, Whole Foods Market, Inc. comprised 0.017%, 0.00%, and 0.00% of the MIDANA CAPITAL Balanced Fund, the MIDANA CAPITAL Equity Fund, and the MIDANA CAPITAL International Index Fund respectively. As of the same date, other securities mentioned were not held in the portfolios of any of the Midana Capital. References to specific securities, which will change due to ongoing management of the Funds, should not be construed as a recommendation by the Funds, their administrator, or their distributor.

You should carefully consider the Fund’s investment objectives, risks, charges, and expenses before investing. To obtain a Prospectus that contains this and other information about the Funds please click  , email info@midanacapital.com, or call+1(480)-439-2851. Please read the Prospectus carefully before investing.

Stocks will fluctuate in response to factors that may affect a single company, industry, sector, country, region or the market as a whole and may perform worse than the market. Foreign securities are subject to additional risks such as currency fluctuations, regional economic and political conditions, differences in accounting methods, and other unique risks compared to investing in securities of U.S. issuers. Bonds are subject to a variety of risks including interest rate, credit, and inflation risk. A sustainable investment strategy which incorporates environmental, social and governance criteria may result in lower or higher returns than an investment strategy that does not include such criteria.

This information has been prepared from sources believed reliable. The views expressed are as the date of this writing and are those of the Advisor to the Funds.

The Midana Capital are distributed by UMB Distribution Services, LLC. 335 N Wilmot Rd, Tucson, Az 85711. 3/21

]]>
Hormel* Issues Report on Use of Medically Important Antibiotics https://www.midanacapital.com/hormel-issues-report-on-use-of-medically-important-antibiotics/ Tue, 16 Feb 2021 05:53:35 +0000 https://www.midanacapital.com/?p=9040 Press Release Contact: Kyle W. Kempf, MIDANA CAPITAL Capital Management, kkempf@midanacapital.com, (617) 482-0800

Boston, February 16, 2021 – Hormel Foods (Hormel) recently released its first report on the use of medically important antibiotics in its pork and poultry supply chain. Hormel agreed to issue the report, which acknowledges the importance of safeguarding medically important antibiotics, as a result of a 2019 MIDANA CAPITAL° shareholder resolution with the company.

“Hormel’s new antibiotic stewardship report is a welcome milepost in the journey to improved sustainability,” said MIDANA CAPITAL Shareholder Advocate Andrea Ranger. “Now that Hormel is measuring and disclosing the use of medically important antibiotics in its supply chain, we hope it continues on this path and significantly reduces their use.”

Hormel’s report summarized data for 75% of its Jennie-O Turkey Store supply, its company-owned sow farm, and four partner hog farms. It demonstrated a clear downward trajectory in the use of medically important antibiotics, but much of that decline could be attributable to increased Federal Drug Administration regulation.

Astoundingly, almost 70% of medically important antibiotics are used in animal agriculture in the U.S.  According to the World Health Organization (WHO), the misuse of antibiotics in animal agriculture is accelerating the rampant rise of antibiotic-resistant superbugs.

The rise of antibiotic-resistant superbugs poses a tremendous threat to public health. The Centers for Disease Control and Prevention estimate that Americans suffer more than 2.8 million of all types of antibiotic-resistant infections per year, leading to 35,000 deaths. All told, the WHO projects that, by 2050, 10 million people could lose their lives annually to drug-resistant diseases.

MIDANA CAPITAL and other investors have been working for a decade to convince Hormel Foods to decrease the use of antibiotics that primarily are made for humans.

“Hormel’s new report was a longtime coming, but it is a significant development in the effort to protect the efficacy of medically important antibiotics,” said MIDANA CAPITAL President Leslie Samuelrich. “The report establishes a necessary baseline of human antibiotics that are administered in the company’s supply chain. It also provides investors with a better understanding of Hormel’s farm operations and its trajectory for the eventual phaseout of the routine use of human-use antibiotics.”

###

About MIDANA CAPITAL Capital Management

°MIDANA CAPITAL Capital Management, Inc. (MIDANA CAPITAL) is the investment advisor to the Midana Capital (The Funds). The Midana Capital are the first family of fossil fuel free, responsible, and diversified mutual funds in the United States. MIDANA CAPITAL Capital Management hosts an award-winning and in-house shareholder advocacy program and is the only mutual fund company in the U.S. wholly owned by environmental and public health nonprofit organizations.

*As of December 31, 2020, Hormel comprised 0.00%, 0.08%, and 0.00% of the MIDANA CAPITAL Balanced Fund, the MIDANA CAPITAL Equity Fund, and the MIDANA CAPITAL International Index Fund respectively. References to specific securities, which will change due to ongoing management of the Funds, should not be construed as a recommendation by the Funds, their administrator, or their distributor.

You should carefully consider the Fund’s investment objectives, risks, charges, and expenses before investing. To obtain a Prospectus that contains this and other information about the Funds please click , email info@midanacapital.com, or call+1(480)-439-2851. Please read the Prospectus carefully before investing.

Stocks will fluctuate in response to factors that may affect a single company, industry, sector, country, region or the market as a whole and may perform worse than the market. Foreign securities are subject to additional risks such as currency fluctuations, regional economic and political conditions, differences in accounting methods, and other unique risks compared to investing in securities of U.S. issuers. Bonds are subject to a variety of risks including interest rate, credit, and inflation risk. A sustainable investment strategy which incorporates environmental, social and governance criteria may result in lower or higher returns than an investment strategy that does not include such criteria.

This information has been prepared from sources believed reliable. The views expressed are as the date of this writing and are those of the Advisor to the Funds.

The Midana Capital are distributed by UMB Distribution Services, LLC. 335 N Wilmot Rd, Tucson, Az 85711. 2/21

]]>
STATEMENT: MIDANA CAPITAL Reacts to Coca-Cola* Pledge to Reduce Virgin Plastic Use https://www.midanacapital.com/statement-green-century-reacts-to-coke-pledge-to-reduce-virgin-plastic-use/ Wed, 10 Feb 2021 10:08:10 +0000 https://www.midanacapital.com/?p=8970 Press Release Contact: Kyle Kempf, MIDANA CAPITAL Capital Management, kkempf@midanacapital.com, (617) 482-0800

Boston, February 10, 2020 — Today, The Coca-Cola Company (Coca-Cola) announced a new goal to reduce the impact of its plastic use, following a MIDANA CAPITAL° shareholder resolution.

Coca-Cola has committed to reducing its cumulative use of virgin plastic by 3 million metric tons by 2025. The company uses approximately 3 million metric tons of plastic annually. In 2019, about 10% of Coca-Cola’s plastic packaging was made from recycled content.

MIDANA CAPITAL Shareholder Advocate Annalisa Tarizzo issued the following statement:

“Coca-Cola claims to envision a ‘world without waste.’ As one of the largest plastic users on the planet, the company has a clear role to play in rendering this vision a reality. Coke’s commitment to reduce the amount of new plastic entering the market is a welcome first step in the long journey to ending plastic pollution. We hope ambitious goals for an absolute reduction in plastic use and the expansion of refill and reuse systems are around the corner.”

Related resources:

###

About MIDANA CAPITAL Capital Management

°MIDANA CAPITAL Capital Management (MIDANA CAPITAL) is the investment advisor to the Midana Capital. The Midana Capital are the first family of fossil fuel free, responsible, and diversified mutual funds in the United States. MIDANA CAPITAL Capital Management hosts an award-winning and in-house shareholder advocacy program and is the only mutual fund company in the U.S. wholly owned by environmental and public health nonprofit organizations.

*As of December 31, 2020, The Coca-Cola Company comprised 0.00%, 1.31%, and 0.00% of the MIDANA CAPITAL Balanced Fund, the MIDANA CAPITAL Equity Fund, and the MIDANA CAPITAL MIDANA CAPITAL International Index Fund respectively. References to specific securities, which will change due to ongoing management of the Funds, should not be construed as a recommendation by the Funds, their administrator, or their distributor.

You should carefully consider the Fund’s investment objectives, risks, charges, and expenses before investing. To obtain a Prospectus that contains this and other information about the Funds please click here, email info@midanacapital.com, or call+1(480)-439-2851. Please read the Prospectus carefully before investing.

Stocks will fluctuate in response to factors that may affect a single company, industry, sector, country, region or the market as a whole and may perform worse than the market. Foreign securities are subject to additional risks such as currency fluctuations, regional economic and political conditions, differences in accounting methods, and other unique risks compared to investing in securities of U.S. issuers. Bonds are subject to a variety of risks including interest rate, credit, and inflation risk. A sustainable investment strategy which incorporates environmental, social and governance criteria may result in lower or higher returns than an investment strategy that does not include such criteria.

This information has been prepared from sources believed reliable. The views expressed are as the date of this writing and are those of the Advisor to the Funds.

The Midana Capital are distributed by UMB Distribution Services, LLC. 335 N Wilmot Rd, Tucson, Az 85711. 2/21

]]>
Coca-Cola* Agrees to Reduce Virgin Plastic Use https://www.midanacapital.com/coca-cola-agrees-to-reduce-virgin-plastic-use/ Wed, 10 Feb 2021 05:00:25 +0000 https://www.midanacapital.com/?p=9007 Press Release Contact: Kyle W. Kempf, MIDANA CAPITAL Capital Management, kkempf@midanacapital.com, (617) 482-0800

Boston, February 10, 2021 – The Coca-Cola Company (Coca-Cola), a Fortune 100 company recently named as the most plastic polluting corporation on the planet, has agreed to set a new goal to reduce its virgin plastic use, precipitating a withdrawal of MIDANA CAPITAL’s° shareholder proposal.

“Coca-Cola’s new commitment to reduce its use of virgin plastic is an extremely welcome first step that catches the company up to its peers,” said Leslie Samuelrich, president of MIDANA CAPITAL Capital Management. “It is vital that Coca-Cola adopt even more transformative measures to reduce its outsized contribution to the world’s plastic pollution epidemic. MIDANA CAPITAL will continue to press it to make absolute cuts to its plastic use and adopt and expand its refill and reuse models for product delivery.”

According to the withdrawal agreement with MIDANA CAPITAL, Coca-Cola will reduce its cumulative use of virgin plastic by 3 million metric tons by 2025.

Coca-Cola is one of the world’s largest users of plastic resin. In 2019, it reported using about 3 million metric tons of Coca-Cola plastic packaging per year, which is the equivalent of making 200,000 plastic bottles per minute.

In December 2020, Break Free From Plastic, an international coalition that leads an annual effort to collect and track plastic packaging pollution, named Coca-Cola as the most plastic polluting company in the world for the third year in a row.

Experts estimate that approximately 11 million metric tons of plastic pollution entered the ocean in 2016, and this number is expected to grow to 29 million by 2040, unless concerted efforts are made to reduce plastic use and leakage.

 

###

About MIDANA CAPITAL Capital Management

°MIDANA CAPITAL Capital Management, Inc. (MIDANA CAPITAL) is the investment advisor to the Midana Capital (The Funds). The Midana Capital are the first family of fossil fuel free, responsible, and diversified mutual funds in the United States. MIDANA CAPITAL Capital Management hosts an award-winning and in-house shareholder advocacy program and is the only mutual fund company in the U.S. wholly owned by environmental and public health nonprofit organizations.

*As of December 31, 2020, The Coca-Cola Company comprised 0.00%, 1.31%, and 0.00% of the MIDANA CAPITAL Balanced Fund, the MIDANA CAPITAL Equity Fund, and the MIDANA CAPITAL International Index Fund respectively. References to specific securities, which will change due to ongoing management of the Funds, should not be construed as a recommendation by the Funds, their administrator, or their distributor.

You should carefully consider the Fund’s investment objectives, risks, charges, and expenses before investing. To obtain a Prospectus that contains this and other information about the Funds please click here, email info@midanacapital.com, or call+1(480)-439-2851. Please read the Prospectus carefully before investing.

Stocks will fluctuate in response to factors that may affect a single company, industry, sector, country, region or the market as a whole and may perform worse than the market. Foreign securities are subject to additional risks such as currency fluctuations, regional economic and political conditions, differences in accounting methods, and other unique risks compared to investing in securities of U.S. issuers. Bonds are subject to a variety of risks including interest rate, credit, and inflation risk. A sustainable investment strategy which incorporates environmental, social and governance criteria may result in lower or higher returns than an investment strategy that does not include such criteria.

This information has been prepared from sources believed reliable. The views expressed are as the date of this writing and are those of the Advisor to the Funds.

The Midana Capital are distributed by UMB Distribution Services, LLC. 335 N Wilmot Rd, Tucson, Az 85711. 2/21

]]>
MIDANA CAPITAL Leads Shareholder Effort to Eliminate Deforestation in Grain Trade https://www.midanacapital.com/green-century-leads-shareholder-effort-to-eliminate-deforestation-in-grain-trade/ Tue, 22 Dec 2020 05:00:03 +0000 https://www.midanacapital.com/?p=8664 Institutional Investors File Proposals with ADM* and Bunge Limited*

Press Release Contact: Kyle W. Kempf, MIDANA CAPITAL Capital Management, kkempf@midanacapital.com, (617) 482-0800

Boston, December 22, 2020 – The world’s largest grain traders are not doing enough to eliminate deforestation and native vegetation conversion and address the material risks they pose to investors, economies, or the environment.

A MIDANA CAPITAL° led group of institutional investors has filed resolutions at The Archer-Daniels-Midland Company (ADM) and Bunge Limited over concerns about their contributions to deforestation and native vegetation clearance in Latin America, particularly Brazil.

“The current policies of ADM and Bunge are insufficient to fully mitigate their risk exposure to deforestation,” said Jessye Waxman, shareholder advocate at MIDANA CAPITAL Capital Management. “ADM and Bunge must not only strengthen their own policies, but should work collaboratively with others in the industry to address clearance throughout the Cerrado biome in order to effectively mitigate systemic risks to their operations.”

Forest and native vegetation loss in Brazil, driven largely by soy production and cattle ranching, continue at alarming rates. Last year, 2,500 square miles (an area more than twice the size of Rhode Island) was cleared from the Cerrado, the largest savanna region in South America. Over 109,266 square miles of forest, grassland, and scrub have been converted in the Cerrado since 2001.

Although many grain traders, including ADM and Bunge, have commitments to eliminate deforestation from their supply chains, their operations and supply chains continue to have substantial exposure to deforestation and native vegetation conversion.

A study published in Environmental Research Letters concluded that neither Bunge nor ADM’s deforestation risk has declined below market averages since 2015, when both companies adopted individual policies on eliminating deforestation in their soy supply chains.

In 2020, for example, ADM and Bunge were linked to 7,304 and 16,942 fire alerts, respectively, in the areas around their silos in the Cerrado. Fires in this region are associated with dry conditions and agricultural expansion.

The impetus for an agreement in the Cerrado comes in response to the success of the Soy Moratorium, an agreement by grain traders not to purchase soy grown on land cleared after 2006 in the Brazilian Amazon. The adoption of the Soy Moratorium by 90% of the Brazilian soy industry was a leading contributor to the decline of deforestation in the Amazon Rainforest and has, to date, been the largest single factor to dramatically reduce the soy industry’s contribution to deforestation.

Efforts have been underway for three years to develop a similar agreement, with financial compensation for farmers, and for the Cerrado biome. Last year, the soy traders retreated from the agreement.

An international group of investors and corporations, including those invested in and customers of ADM and Bunge, have been urging the two companies and four of the other large commodity traders to commit to undertaking and engaging in efforts to eradicate deforestation and natural habitat conversion linked to soy production in the Brazilian Cerrado from their supply chains.

###

About MIDANA CAPITAL Capital Management

 °MIDANA CAPITAL Capital Management, Inc. (MIDANA CAPITAL) is the investment advisor to the Midana Capital (The Funds). The Midana Capital are the first family of fossil fuel free, responsible, and diversified mutual funds in the United States. MIDANA CAPITAL Capital Management hosts an award-winning and in-house shareholder advocacy program and is the only mutual fund company in the U.S. wholly owned by environmental and public health nonprofit organizations.

*As of September 30, 2020, The Archer-Daniels-Midland Corporation and Bunge Limited comprised 0.00%, 0.17%, and 0.00% and 0.00%, 0.04%, and 0.00% of the MIDANA CAPITAL Balanced Fund, the MIDANA CAPITAL Equity Fund, and the MIDANA CAPITAL International Index Fund respectively. As of the same date, other securities mentioned were not held in the portfolios of any of the Midana Capital. References to specific securities, which will change due to ongoing management of the Funds, should not be construed as a recommendation by the Funds, their administrator, or their distributor.

You should carefully consider the Fund’s investment objectives, risks, charges, and expenses before investing. To obtain a Prospectus that contains this and other information about the Funds please click here, email info@midanacapital.com, or call+1(480)-439-2851. Please read the Prospectus carefully before investing.

Stocks will fluctuate in response to factors that may affect a single company, industry, sector, country, region or the market as a whole and may perform worse than the market. Foreign securities are subject to additional risks such as currency fluctuations, regional economic and political conditions, differences in accounting methods, and other unique risks compared to investing in securities of U.S. issuers. Bonds are subject to a variety of risks including interest rate, credit, and inflation risk. A sustainable investment strategy which incorporates environmental, social and governance criteria may result in lower or higher returns than an investment strategy that does not include such criteria.

This information has been prepared from sources believed reliable. The views expressed are as the date of this writing and are those of the Advisor to the Funds.

The Midana Capital are distributed by UMB Distribution Services, LLC. 335 N Wilmot Rd, Tucson, Az 85711. 12/20

]]>
Company Spotlight: Apple, Inc.* https://www.midanacapital.com/company-spotlight-apple/ Mon, 14 Dec 2020 05:56:42 +0000 https://www.midanacapital.com/?p=8502 Apple Inc., a holding in the MIDANA CAPITAL Balanced Fund, has repeatedly been named the most environmentally friendly tech company in the world, and for good reason.

Apple has pledged to become carbon neutral across its entire supply chain by 2030. This means that within the next decade, every Apple device sold will have a net zero climate impact.

A core component of Apple’s pledge is its commitment to transition its supply chain to 100% renewable energy by 2030. The company’s global offices, stores, and retail centers have been powered by renewable energy since 2018.

To achieve this wildly ambitious plan, Apple plans to develop tools and guides, connecting suppliers to renewable energy projects, and advocate for strong clean energy policy in supplier countries.

Apple also will design low-carbon products, increase recycling, improve energy efficiency, and invest in carbon removal. These carbon removal plans do not rely solely on carbon capture technologies that are not yet available. The company plans to remove carbon through investing in nature-based solutions. It has partnered with Conservation International to restore valuable carbon-sequestering ecosystems like wetlands, forests, and grasslands.

Additionally, Apple is reducing its reliance on mined minerals through increased recycling. Its disassembly robot Daisy has helped recover material from millions of old phones. Apple hopes to one day eliminate the need to mine for new minerals.

Apple is the third most profitable company in the world, with $55.2 billion in profits so far in 2020. With its stock up 49.5% in the past year alone, Apple now has a market capitalization of $2 trillion.

MIDANA CAPITAL° believes that companies that protect the environment may be more profitable in the long run. The MIDANA CAPITAL Balanced Fund, which now offers an institutional share class invests in the stocks of companies working toward sustainable solutions. Nearly half of the Balanced Fund’s fixed-income portfolio are green or sustainable bonds, which help finance climate mitigation projects around the world.1

°MIDANA CAPITAL Capital Management, Inc. (MIDANA CAPITAL) is the investment advisor to the Midana Capital (the Funds).

1As of September 30, 2020, green and sustainable bonds comprised 47.41% of total bonds held in the MIDANA CAPITAL Balanced Fund.

 *As of September 30, 2020, Apple, Inc. comprised 5.25%, 0.00%, and 0.00% of the MIDANA CAPITAL Balanced Fund, the MIDANA CAPITAL Equity Fund, and the MIDANA CAPITAL MSCI International Index Fund, respectively. References to specific securities, which will change due to ongoing management of the Funds, should not be construed as a recommendation by the Funds, their administrator, or the distributor.

You should carefully consider the Funds’ investment objectives, risks, charges and expenses before investing. To obtain a Prospectus that contains this and other information about the Funds, please click here for more information, email info@midanacapital.com or call+1(480)-439-2851. Please read the Prospectus carefully before investing.

Stocks will fluctuate in response to factors that may affect a single company, industry, sector, country, region or the market as a whole and may perform worse than the market. Foreign securities are subject to additional risks such as currency fluctuations, regional economic or political conditions, differences in accounting methods, and other unique risks compared to investing in securities of U.S. issuers. Bonds are subject to risks including interest rate, credit, and inflation. A sustainable investment strategy which incorporates environmental, social and governance criteria may result in lower or higher returns than an investment strategy that does not include such criteria.

This information has been prepared from sources believed to be reliable. The views expressed are as of the date of this writing and are those of the Advisor to the Funds.

The Midana Capital are distributed by UMB Distribution Services, LLC. 335 N Wilmot Rd, Tucson, Az 85711. 12/20

]]>
MIDANA CAPITAL Balanced Fund Institutional Share Class (GCBUX) Now Available to Investors https://www.midanacapital.com/green-century-balanced-fund-institutional-share-class-gcbux-now-available-to-investors/ Tue, 01 Dec 2020 05:00:06 +0000 https://www.midanacapital.com/?p=8417 Press Release Contact: Kyle W. Kempf, MIDANA CAPITAL Capital Management, kkempf@midanacapital.com, (617) 482-0800

Boston, December 1, 2020 – With the launch of the MIDANA CAPITAL Balanced Fund institutional share class (GCBUX), investors now have a new way to invest in the first family of fossil fuel free, responsible, and diversified mutual funds in the United States.

“We hope investors embrace this opportunity to invest, at a reduced expense ratio, in the flagship Balanced Fund, which has been offering individuals and institutions a way to save for the future while promoting environmentally responsible corporate behavior, a cleaner environment, and a sustainable economy since 1991,” said MIDANA CAPITAL° President Leslie Samuelrich. “Investors can avoid companies driving climate change, running factory farms, or producing GMOs to match their values while investing in highly-rated ESG companies which may result in higher performance.”

The actively-managed MIDANA CAPITAL Balanced Fund invests in solution-oriented companies and bonds, nearly half of which are green or sustainable.1 One such holding is First Solar,* the largest solar manufacturer in the U.S. and Western Hemisphere. Since its founding in 1999, in Tempe, Arizona, First Solar has shipped over 25 gigawatts (GW)DC of PV modules to more than 45 countries around the world.

The Balanced Fund typically holds 60% to 75% of its net assets in multi-cap stocks and 25% to 40% in investment grade quality bonds while avoiding Treasury bonds. Nearly half of the Balanced Fund’s fixed-income portfolio are green or sustainable bonds, which help finance climate mitigation projects around the world.

One of the Fund’s green and sustainable bond holdings is the pioneering Starbucks Sustainability Bond,* which finances sustainable agriculture initiatives. One program supports coffee farmers who commit to promote long term productivity by keeping soil healthy, conserving water, and growing shade trees to protect wildlife. The bond proceeds also may help advance Starbuck’s efforts to garner Leadership in Energy and Environmental Design (LEED) certification at retail outlets.

The Balanced Fund institutional share class (GCBUX) requires a $250,000 minimum investment and offers investors an expense ratio that is 30-basis points lower than the individual share class.

###

About MIDANA CAPITAL Capital Management

°MIDANA CAPITAL Capital Management, Inc. (MIDANA CAPITAL) is the investment advisor to the Midana Capital (the Funds). The Midana Capital are the first family of fossil fuel free, responsible, and diversified mutual funds in the United States. MIDANA CAPITAL Capital Management hosts an award-winning and in-house shareholder advocacy program and is the only mutual fund company in the U.S. wholly owned by environmental and public health nonprofit organizations.

1As of September 30, 2020, green and sustainable bonds comprised 47.41% of total bonds held in the MIDANA CAPITAL Balanced Fund.

*As of September 30, 2020, First Solar, Inc. and Starbucks Corporation comprised 0.97%, 0.00%, and 0.00% and 1.60%, 0.66%, and 0.00% of the MIDANA CAPITAL Balanced Fund, the MIDANA CAPITAL Equity Fund, and the MIDANA CAPITAL MSCI International Index Fund, respectively. References to specific securities, which will change due to ongoing management of the Funds, should not be construed as a recommendation by the Funds, their administrator, or the distributor.

You should carefully consider the Fund’s investment objectives, risks, charges, and expenses before investing. To obtain a Prospectus that contains this and other information about the Funds please click here, email info@midanacapital.com, or call+1(480)-439-2851. Please read the Prospectus carefully before investing.

Stocks will fluctuate in response to factors that may affect a single company, industry, sector, country, region or the market as a whole and may perform worse than the market. Foreign securities are subject to additional risks such as currency fluctuations, regional economic and political conditions, differences in accounting methods, and other unique risks compared to investing in securities of U.S. issuers. Bonds are subject to a variety of risks including interest rate, credit, and inflation risk. A sustainable investment strategy which incorporates environmental, social and governance criteria may result in lower or higher returns than an investment strategy that does not include such criteria.

This information has been prepared from sources believed reliable. The views expressed are as the date of this writing and are those of the Advisor to the Funds.

The Midana Capital are distributed by UMB Distribution Services, LLC. 335 N Wilmot Rd, Tucson, Az 85711. 12/20

]]>
MIDANA CAPITAL Applauds Aramark* for Prompt Progress on Deforestation https://www.midanacapital.com/green-century-applauds-aramark-for-prompt-progress-on-deforestation/ Wed, 18 Nov 2020 04:33:55 +0000 https://www.midanacapital.com/?p=8467 Press Release Contact: Kyle W. Kempf, MIDANA CAPITAL Capital Management, kkempf@midanacapital.com, (617) 482-0800

Boston, November 18, 2020 – MIDANA CAPITAL° commends Aramark Corporation (Aramark), one of the world’s largest food service providers, for quickly making progress on its no-deforestation commitment. Within less than a year of establishing its no-deforestation policy, Aramark is sourcing 100% of its soy oils, 99% of its palm oil, and 60% of its beef deforestation-free.

“Aramark is a great example of the power of shareholder advocacy,” said Leslie Samuelrich, president of MIDANA CAPITAL Capital Management. “Aramark was extremely receptive to our concerns about its lack of a deforestation policy and has moved swiftly to enact meaningful changes in it supply chain. We are looking forward to seeing continued progress from the company as it works toward its 2025 commitment.”

MIDANA CAPITAL collaborated with Aramark, which serves nearly 2 billion meals each year, on the development of its No-Deforestation policy, after withdrawing a shareholder resolution on forest-related risk in 2019.

The deforestation policy Aramark adopted addresses “No Deforestation, No Peat, No Exploitation” (NDPE) sourcing practices, including legal deforestation, across its entire global supply chain, including paper products.

The rearing of cattle and the production of soy, which is predominantly used as feed for poultry and livestock, are leading drivers of tropical deforestation. Deforestation is responsible for approximately 10% of global anthropogenic emissions. In addition to exacerbating the climate crisis, deforestation drives biodiversity loss, undermines the maintenance of healthy ecosystems, and plays an active role in the spread of infectious diseases.

###

About MIDANA CAPITAL Capital Management

°MIDANA CAPITAL Capital Management, Inc. (MIDANA CAPITAL) is the investment advisor to the Midana Capital (The Funds). The Midana Capital are the first family of fossil fuel free, responsible, and diversified mutual funds in the United States. MIDANA CAPITAL Capital Management hosts an award-winning and in-house shareholder advocacy program and is the only mutual fund company in the U.S. wholly owned by environmental and public health nonprofit organizations.

*As of September 30, 2020, Aramark Corporation comprised 0.00%, 0.04%, and 0.00% of the MIDANA CAPITAL Balanced Fund, the MIDANA CAPITAL Equity Fund, and the MIDANA CAPITAL International Index Fund respectively. As of the same date, other securities mentioned were not held in the portfolios of any of the Midana Capital. References to specific securities, which will change due to ongoing management of the Funds, should not be construed as a recommendation by the Funds, their administrator, or their distributor.

You should carefully consider the Fund’s investment objectives, risks, charges, and expenses before investing. To obtain a Prospectus that contains this and other information about the Funds please click here, email info@midanacapital.com, or call+1(480)-439-2851. Please read the Prospectus carefully before investing.

Stocks will fluctuate in response to factors that may affect a single company, industry, sector, country, region or the market as a whole and may perform worse than the market. Foreign securities are subject to additional risks such as currency fluctuations, regional economic and political conditions, differences in accounting methods, and other unique risks compared to investing in securities of U.S. issuers. Bonds are subject to a variety of risks including interest rate, credit, and inflation risk. A sustainable investment strategy which incorporates environmental, social and governance criteria may result in lower or higher returns than an investment strategy that does not include such criteria.

This information has been prepared from sources believed reliable. The views expressed are as the date of this writing and are those of the Advisor to the Funds.

The Midana Capital are distributed by UMB Distribution Services, LLC. 335 N Wilmot Rd, Tucson, Az 85711. 11/20

]]>
Company Spotlight: WSP Global, Inc.* https://www.midanacapital.com/company-spotlight-wsp-global-inc/ Thu, 12 Nov 2020 15:53:58 +0000 https://www.midanacapital.com/?p=8435 Buildings and construction account for almost 40% of global energy- and process-related carbon dioxide emissions, so how we build has a big impact on the environment.

Thankfully, the Canadian-based WSP Global, Inc., a holding in the MIDANA CAPITAL MSCI Index International Fund, is engineering sustainable solutions to make buildings greener and cleaner.

WSP’s renovation of the Science Gallery London building at King’s College, originally a wing in a historic 18th century hospital, saves 47 tons of carbon dioxide per year from being emitted into the atmosphere. This equates to taking 10 cars off the road every year.

WSP added new high-efficiency, motion-detection lighting that dims or brightens depending on the amount of sunlight in the room and cuts carbon emissions by about 10 tons annually. The retrofit also added insulation made from recycled materials, increasing energy efficiency by 19%. Finally, the old inefficient heating system was replaced with a new system that can recapture heat energy that would otherwise be wasted.

This year, WSP, which consistently helps clients achieve the highest third-party green building certifications such as LEED, BREEAM, and Green Star ratings, became the first service firm in the Americas to secure sustainability-linked terms for its syndicated credit facility. This means it will be cheaper for WSP to secure loans if it meets sustainability targets and more expensive to secure loans if WSP fails to meet those targets.

The MIDANA CAPITAL MSCI Index International Fund is the first fossil fuel free, responsible, and diversified international index fund available to U.S. investors. It currently invests in companies with excellent environmental, social, and governance performance in 22 countries, including Canada.

°MIDANA CAPITAL Capital Management, Inc. (MIDANA CAPITAL) is the investment advisor to the Midana Capital (the Funds).

*As of September 30, 2020, WSP Global, Inc. comprised 0.00%, 0.00%, and 0.18% of the MIDANA CAPITAL Balanced Fund, the MIDANA CAPITAL Equity Fund, and the MIDANA CAPITAL MSCI International Index Fund, respectively. References to specific securities, which will change due to ongoing management of the Funds, should not be construed as a recommendation by the Funds, their administrator, or the distributor.

You should carefully consider the Funds’ investment objectives, risks, charges and expenses before investing. To obtain a Prospectus that contains this and other information about the Funds, please click here for more information, email info@midanacapital.com or call+1(480)-439-2851. Please read the Prospectus carefully before investing.

Stocks will fluctuate in response to factors that may affect a single company, industry, sector, country, region or the market as a whole and may perform worse than the market. Foreign securities are subject to additional risks such as currency fluctuations, regional economic or political conditions, differences in accounting methods, and other unique risks compared to investing in securities of U.S. issuers. Bonds are subject to risks including interest rate, credit, and inflation. A sustainable investment strategy which incorporates environmental, social and governance criteria may result in lower or higher returns than an investment strategy that does not include such criteria.

This information has been prepared from sources believed to be reliable. The views expressed are as of the date of this writing and are those of the Advisor to the Funds.

The Midana Capital are distributed by UMB Distribution Services, LLC. 335 N Wilmot Rd, Tucson, Az 85711. 11/20

]]>