In order to maximize long-term shareholder value and best serve the interests of Amalgamated Bank's clients, traditional investment strategies are not enough. That is why the LongView Funds, since their inception in 1992, have pursued a program of vigorous and aggressive shareholder activism. Now over 20 years later, our commitment to the LongView funds remains as strong as ever.
The LongView Funds use our power as investors to encourage corporate boards to pursue sound governance policies, hold portfolio companies to high standards of social and environmental practices, and enhance shareholder value. Corporate practices and safeguards that promote corporate transparency and accountability, coupled with sustainable social and environmental practices, ultimately support stable markets, which are crucial for viable economic growth and the long-term returns of our Funds.
The corporate governance program continuously monitors the LongView portfolios using stringent performance and practice screens. After thorough review and analysis, we take action, using a variety of methods: