Boston Common

In August 2022, Texas placed one or more funds from Boston Common Asset Management on its List of Financial Companies that Boycott Energy Companies list. The Comptroller’s office examined publicly available data, including licensed information from Bloomberg, LSEG Workspace, and MSCI, to identify U.S.-based funds that appear to restrict or prohibit investments in energy companies. However, in February 2026, a federal judge in Austin issued a ruling prohibiting enforcement of SB 13, the law that allowed the Texas Comptroller to create and maintain its Financial Companies that Boycott Energy Companies list. The court held that the law infringed upon First and Fourteenth Amendment protections. The plaintiffs argued that SB 13 unlawfully penalized financial firms for engaging in protected speech and investment decisions related to ESG policies, effectively compelling viewpoint-based certifications to do business with the state. The State of Texas, however, contended that SB 13 represented a lawful exercise of its authority to direct state investments and contracting decisions and to protect the state’s energy industry from what it characterized as discriminatory financial practices. In February 2026, the Texas Comptroller’s Office and the Texas Attorney General’s Office appealed the ruling to the Fifth Circuit Court of Appeals. The case remains pending (1)(2)(3)(4)(5). In August 2022, Texas placed one or more funds from Boston Common Asset Management on its List of Financial Companies that Boycott Energy Companies list. The Comptroller’s office examined publicly available data, including licensed information from Bloomberg, LSEG Workspace, and MSCI, to identify U.S.-based funds that appear to restrict or prohibit investments in energy companies. However, in February 2026, a federal judge in Austin issued a ruling prohibiting enforcement of SB 13, the law that allowed the Texas Comptroller to create and maintain its Financial Companies that Boycott Energy Companies list. The court held that the law infringed upon First and Fourteenth Amendment protections. The plaintiffs argued that SB 13 unlawfully penalized financial firms for engaging in protected speech and investment decisions related to ESG policies, effectively compelling viewpoint-based certifications to do business with the state. The State of Texas, however, contended that SB 13 represented a lawful exercise of its authority to direct state investments and contracting decisions and to protect the state’s energy industry from what it characterized as discriminatory financial practices. In February 2026, the Texas Comptroller’s Office and the Texas Attorney General’s Office appealed the ruling to the Fifth Circuit Court of Appeals. The case remains pending (6)(7)(8)(9)(10). Boston Common will avoid making investments in companies with “significant” stakes in fossil fuels, nuclear energy, tobacco, firearms, and several other industries (11). However, the company has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (12).

Boston Common does not appear to discriminate against charitable organizations based on views or beliefs (1).

Boston Common does not provide viewpoint protections for its employees (1).

Founder and President Geeta Aiyer publicly attended two Black Lives Matter protests in Boston in 2015 (1). Boston Common is a member of the Civic Alliance, which rejects election integrity and security measures (2). The company is a member of the Partnership for Carbon Accounting Financials, committed to net zero carbon emissions by 2050 (3)(4)(5). The company was part of the Net Zero Asset Managers initiative prior to NZAM’s suspension in 2025. Its membership indicated a commitment to carbon neutrality with its investments by 2050 (6)(7)(8). The company released a statement condemning anti-racism and pledging to fight it internally through educating and training employees (9).

Boston Common is a general sponsor of the United States Sustainable Investing Foundation, which endorses the proliferation of ESG in the private sector (1). Otherwise, there are no publicly known cases of the company using corporate funds to advance ideological causes, organizations, or policies (2).

Boston Common does not operate a PAC or engage in lobbying at this time (1)(2)(3).