Sustainability Summary

This is an unclaimed profile. Westmount Partners has not joined Sustainability Tracker to verify their sustainability credentials. We gathered what we could from public sources.

Westmount Partners Sustainability Profile

Sustainability Summary

This is an unclaimed profile. Westmount Partners has not joined Sustainability Tracker to verify their sustainability credentials. We gathered what we could from public sources.

What do our labels mean?

Westmount Partners presents ESG investing as part of its investment management offering, with a portfolio designed for clients interested in financial returns and positive social impact. The firm says it pays attention to sustainability, corporate transparency, equity, environmental impact, diversity, and inclusion, and it aligns its ESG managers with the United Nations Sustainable Development Goals. Westmount also states that it became B Corp-certified in January 2022 and that the decision followed an employee-driven initiative to codify values the firm had practiced since its founding. Its sustainability-related content also highlights shareholder engagement, ESG reporting, and investments focused on clean water, economic development, and renewable energy.

About Westmount Partners

Status
Unverified

Website
Visit Website

Employees
25 - 100

Country
United States

Westmount Partners Sustainability Actions

Launched ESG portfolio

Westmount launched an investment portfolio focusing on environmental, social, and governance (ESG) factors in 2018, further demonstrating its commitment to the principled stewardship of client assets.

Became B Corp-certified

In January 2022, Westmount was one of the first Registered Investment Advisers (RIAs) in Southern California to become B Corp-certified, the culmination of a process that began in 2020.

Used sustainability best practices

As we undertook the initial certification process at Westmount, we found that we had already instituted many of the best practices prioritized by B Lab—transparency in reporting, equitable pay ratios throughout our organization, high-quality employee benefits, LEED certification for our office building, an active recycling program, employee-driven community volunteerism, and philanthropic support through fundraising initiatives and our employee donation match.

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Aligned ESG with SDGs

Our Westmount ESG managers align with the United Nations Sustainable Development Goals, a global framework adopted by the U.N. General Assembly.

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Engaged portfolio companies

The managers featured in Westmount’s ESG portfolio have incorporated shareholder engagement strategies into their operations, including the Parnassus Core Equity Fund, which comprises the domestic large-cap sleeve of our portfolio.