Building a Sustainable Global Economy: KLD Co-founder Peter Kinder and Root Capital’s William Foote Recipients of 2011 Bavaria Awards

Building a Sustainable Global Economy: KLD Co-founder Peter Kinder and Root Capital’s William Foote Recipients of 2011 Bavaria Awards

Wednesday, May 11, 2011 - 2:00pm

CONTENT: Press Release

(3BL Media / theCSRfeed) May 11, 2011 - OAKLAND—Socially responsible investing advocates Peter Kinder, co-founder and president until 2009 of KLD Research & Analytics, and William Foote, founder and CEO of Root Capital, were honored last night, May 10, by Ceres and Trillium Asset Management as this year’s winners of the fourth annual Joan Bavaria Awards for Building Sustainability into the Capital Markets. The announcement was made at the opening reception of the Ceres annual conference, which runs May 11-12, at the Oakland Marriott City Center in Oakland, CA.

The Bavaria Awards are given annually to two leaders working to move the capital markets toward a system that balances economic prosperity with social and environmental concerns. Separate awards are given for recent innovation and long-term impact. Bavaria, a pioneer of social investing, founded Ceres and Trillium Asset Management before her death in 2008.
“Peter Kinder and Willy Foote have each catalyzed new models for shifting the capital markets towards Joan Bavaria’s vision of achieving a sustainable global economy,” said Ceres President Mindy Lubber. “We’re delighted to be honoring these extraordinary leaders whose accomplishments have sparked global change.”
Since 1983, Kinder has co-authored three books in the field and written hundreds of articles, which have found publishers on four continents. Now semi-retired, Kinder consults, writes (at, and serves on the boards and advisory boards of not-for-profits. 
“KLD will be remembered for how we used our voice,” said Kinder. “To make the case for socially-responsible investing – to answer its critics and win over skeptics – it was not enough to produce credible, objective research. We also had to find and grow investor constituencies and financial-sector demand for sustainability data. Our mission was to establish the field’s credibility.”
It is humbling to be associated with such a visionary and intrepid leader as Joan Bavaria, whose example set the bar for all of us who follow in her footsteps,” said Foote. “We are honored to be part of the growing community realizing her vision for capital markets that build prosperity in underserved communities around the world.”
About Ceres
Ceres is the leading coalition of investors, environmental groups and other public interest organizations working with companies to address sustainability challenges such as climate change and water scarcity. Ceres also directs the Investor Network on Climate Risk, a network of nearly 100 institutional investors with collective assets totaling nearly $10 trillion. To learn more about Ceres, please visit
About Trillium Asset Management
With a history spanning three decades, Trillium is the oldest and largest independent investment advisor focused exclusively on sustainable and responsible investing. Trillium has $1 billion in assets under management with offices in Boston, Durham and San Francisco. To learn more about Trillium, please visit


Scott Kleiman