Saturna Capital Receives 2015 Sustainability Champion Award
"Strong Community Award" recognizes the firm's leadership role in local sustainability
From left to right: Shannon Skinner, Jim Gibson, Jane Carten, Patrick Drum, Stephanie Ashton
Bellingham, Wash. (March 29, 2016) — Saturna Capital Corporation, headquartered in Bellingham, Washington, was selected to receive the 2015 Strong Community Award by the nonprofit organization Sustainable Connections, as one of five Sustainability Champions it recognizes annually in Whatcom County. Jane Carten, Saturna Capital's president and CEO, a vocal supporter of sustainable investing, accepted the award during the Sustainable Connections 14th Annual All Members Meeting held on February 17, 2016.
"We are honored to receive this award from Sustainable Connections," said Carten. "As values-based investors and active community contributors, Saturna believes that economic and social sustainability comes from resilience, and key to resilience is strength. Strong communities, as with strong companies, are less vulnerable to risk. We appreciate the valuable service Sustainable Connections performs as a sustainability advocate for our community and the local economy."
The 2015 Strong Community Award recognizes Saturna Capital's long-held commitment to community support through philanthropy and engagement. Since its inception in 1989 Saturna has endeavored to donate annually at least five percent of its pre-tax profits to local, community-based organizations. Last year, Saturna introduced the Saturna Sustainable Funds that invest in environmentally and socially responsible companies.
In line with its commitment to community sustainability, Saturna provides support to a variety of local educational institutions, and is the financial sponsor of Western Washington University's Sustainable Business Lab. Saturna actively encourages its team of dedicated staff to volunteer and donate to charitable organizations throughout Whatcom County and other US communities where Saturna's employees are based. Through a dollar-for-dollar company match incentive program, most of Saturna's employees relinquished their year-end bonuses and directed over $140,000 in charitable donations during the 2015 holiday season alone.
Bellingham's Sustainable Connections recognizes outstanding member businesses each year through the Sustainability Champion Awards by recognizing Whatcom County businesses that lead the way in sustainable practices within their operations and the greater community. Sustainable Connections is a nonprofit network of local, independently owned businesses and supporters that facilitates sustainable economic development by providing education, networking, and market development.
Values-Based Global Asset Managers
Saturna Capital Corporation, established in 1989 in Bellingham, Washington, USA, is an investment adviser with $3.5 billion in assets under management globally, providing investment advisory services to mutual funds, institutions, businesses, individuals, and endowments.
Saturna Capital is also adviser to the Saturna Investment Trust, consisting of nine mutual funds: Sextant International, Sextant Growth, Sextant Core, Sextant Global High Income, Sextant Bond Income, Sextant Short-Term Bond, Saturna Sustainable Equity, Saturna Sustainable Bond, and the Idaho Tax-Exempt Fund.
Saturna Sdn. Bhd., located in Kuala Lumpur, Malaysia, is a wholly-owned subsidiary of Saturna Capital, specializing in Islamic investment advisory services for individuals and institutions.
Saturna Capital has three other wholly-owned subsidiaries: Saturna Brokerage Services, located in Bellingham, Washington, USA, provides general discount brokerage services and distributes Saturna's affiliated U.S.-based mutual funds; and Saturna Trust Company, headquartered in Reno, Nevada, USA, provides trust services to families, charities, trusts, estates and retirement plans. Saturna Environmental Corporation provides environmental education and other programs at its historic camp facility in the Northwest's Cascade Mountains.
About the CFA Credential
The Chartered Financial Analyst (CFA) charter is a globally respected, graduate-level investment credential awarded by CFA Institute — the largest global association of investment professionals. There are currently more than 129,000 CFA charterholders working in 135 countries. To earn the CFA charter, candidates must: 1) pass three sequential, six-hour examinations; 2) have at least four years of qualified professional investment experience; 3) join CFA Institute as members; and 4) commit to abide by, and annually reaffirm, their adherence to the CFA Institute Code of Ethics and Standards of Professional Conduct. For more information visit www.cfainstitute.org.