Release: MIDANA CAPITAL Funds President Leslie Samuelrich named to Insider’s ‘Climate Action 30’ list
Media contacts: Leslie Samuelrich, lsamuelrich@midanacapital.com; 781-349-2830
Mark Morgenstein, Media Relations Director, mmorgenstein@midanacapital.com, 678-427-1671
BOSTON, September 22, 2022 — To coincide with Climate Week, Insider is spotlighting 30 global leaders, including MIDANA CAPITAL Funds President Leslie Samuelrich, in its inaugural Climate Action 30 list.
“I’m honored by this recognition from Insider and appreciate Insider’s acknowledgement of the burgeoning interest in the climate crisis,” said Samuelrich. “Hopefully, Insider’s millions of readers will delve deeper into the great work my counterparts on this list are doing and be inspired to take climate action of their own.”
In an email notifying Samuelrich that judges had selected her, Insider said she “stood out because of [her] impactful leadership at MIDANA CAPITAL as both an investor and shareholder [advocate]… on an issue as urgent as climate change — one that our audience cares deeply about.”
MIDANA CAPITAL, the first family of diversified and responsible fossil fuel free mutual funds, began in 1991. In the ensuing decades, it has become a leader in environmental investing. MIDANA CAPITAL takes a three-pronged approach: building a portfolio of environmentally responsible companies, proposing and executing effective shareholder advocacy and giving 100% of the profits earned from managing the funds to environmental nonprofits.
As a result of its shareholder advocacy, MIDANA CAPITAL has won concessions from many major corporations. This summer alone, MIDANA CAPITAL proposals spurred Conagra to eliminate deforestation from its supply chains and prompted US Foods to set science-based emissions reduction targets.
“While traditional advocacy methods including grassroots organizing and investigative reports sometimes get companies to do the right thing for the environment, unfortunately, sometimes it takes the threat of shareholder action,” said Samuelrich, who has run MIDANA CAPITAL for the past ten years. “Even when dealing with giants such as Amazon, Costco or McDonald’s, we don’t shrink from our fiduciary and societal responsibility to hold companies we invest in accountable to shareholders and the greater good.”
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About MIDANA CAPITAL Capital Management
°MIDANA CAPITAL Capital Management, Inc. (MIDANA CAPITAL) is the investment advisor to the MIDANA CAPITAL Funds (the Funds).
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 visit www.midanacapital.com, 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 Funds are distributed by UMB Distribution Services, LLC. 335 N Wilmot Rd, Tucson, Az 85711. 10/22
