Bill Calls for Oregon to Divest From Fossil Fuels
State treasurer Tobias Read says the proposed legislation would lead to lower returns and higher employer contribution rates.
The Teacher Retirement System of Texas is required by law to boycott companies that divest fossil fuels.
The state pension fund has more than $1 billion invested in companies such as Chevron, Exxon, and ConocoPhillips.
University’s Academic Senate approves recommendations to shift portfolio to ‘positive sustainability investments.’
The school will also invest up to $25 million with climate impact funds.
$35.8 billion fund says investing in coal, oil, natural gas companies is too risky.