Grassroots Capital Management believes that social responsibility for an investment manager extends beyond its efforts to promote economic empowerment and economic justice through its investments to include its relationships with its employees and local and global communities. Thus Grassroots is working to incorporate tools and policies developed by thought leaders such as B Lab and The Life You Can Save into its human resource, corporate giving and environmental practices. Key initiatives in these areas include;
Human Resource Policies:
Employer paid health and dental insurance
Employer 401(K) plan contribution
Paid maternity / paternity leave
Generous vacations, flex time
Paid community volunteer time
Corporate Giving:
Currently, Grassroots principal adheres to The Life You Can Save http://www.thelifeyoucansave.com/, giving guidelines on an individual basis. During 2012 Grassroots will move towards incorporating the corporation into this framework as well. Among the recipients in the past two years are a mix of international initiatives and those focused on the New York and New England communities where Grassroots has its US offices. They include;
Heifer International
Cooperative Development Institute (New England)
Doctors without Borders
Partners in Health
Western Massachusetts Food Bank
UNICEF
The Doe Fund
Coady International Institute
Amnesty International
Community Involved in Sustaining Agriculture
Stella Maris Chapel
Environment:
Carbon offsets for air travel
Recycling
Buy Local food
Domain host 100% wind powered