Paris Climate Accord – MIDANA CAPITAL Funds https://www.midanacapital.com Invest in a Green Future Thu, 29 Dec 2022 17:17:21 +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 Paris Climate Accord – MIDANA CAPITAL Funds https://www.midanacapital.com 32 32 MIDANA CAPITAL Joins Food Emissions 50 Campaign to Accelerate the Reduction of the Food Sector’s Climate Impacts https://www.midanacapital.com/green-century-joins-food-emissions-50-campaign-to-accelerate-the-reduction-of-the-food-sectors-climate-impacts/ Tue, 03 Aug 2021 05:00:00 +0000 https://www.midanacapital.com/?p=10045 Media Contact: Josh Chetwynd, jchetwynd@midanacapital.com, 303-573-5558; Thomas Peterson, tpeterson@midanacapital.com, 617-482-0800

Boston, August 3, 2021 – MIDANA CAPITAL° announced Tuesday that it is among the first investor signatories to Food Emissions 50, a new effort coordinated by the sustainability nonprofit Ceres to push 50 of the highest-emitting food companies to disclose and reduce the full scope of their greenhouse gas emissions.

As a signatory, MIDANA CAPITAL is committing to engage with major food companies held in our mutual funds to improve their practices in a number of areas. They include: disclosing comprehensive value chain emissions, setting science-based emissions reduction goals, and implementing climate transition plans that align with the Paris climate accord.

“We are thrilled to be an investor signatory to Ceres’ Food Emissions 50,” said Leslie Samuelrich, president of MIDANA CAPITAL. “Deforestation and land conversion are the largest contributors of emissions generated by the food system, and we look forward to using our shareholder advocacy expertise on deforestation to help rapidly reduce agricultural sector emissions.”

MIDANA CAPITAL’s award-winning shareholder advocacy program has worked to lower emissions and limit agricultural commodity-driven deforestation for more than a decade, securing commitments to reduce deforestation from major food companies like Kellogg’s* and Archer-Daniels-Midland,* among others.

“Recent research indicates that the food system may be an even more significant emitter than previously thought, accounting for nearly 40% of all anthropogenic greenhouse gas emissions,” said MIDANA CAPITAL Shareholder Advocate Thomas Peterson. “We cannot meet the goals of the Paris agreement without serious emissions reductions from the food sector. We look forward to engaging companies on the Food Emissions 50 list to achieve significant value chain emissions reductions as quickly as possible.”

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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). The MIDANA CAPITAL Funds 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 June 31, 2021, Kellogg Company and Archer-Daniels-Midland Company comprised 0.00%, 0.09% and 0.00% and 0.00%, 0.18% 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 Funds are distributed by UMB Distribution Services, LLC. 335 N Wilmot Rd, Tucson, Az 85711. 8/21

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