Divest Oregon Update
ACTION NEEDED! Contact your Oregon Legislators TODAY
Send your legislator an email TODAY asking them to be a pre-session cosponsor for our Treasury Investment & Climate Protection Act (LC2241). They’ll want to show they’re a climate champion and keep risky investments out of PERS by signing on! Here’s a simple template for your email.
Don’t know who your legislators are? 2022 district info & 2023 redistricting info. Send email to all of them!
ACTION NEEDED! Share and Add your Name to the Right to Know Campaign
A new email and social media campaign is highlighting why PERS members should be shocked at how PERS may be invested and asks them to add their name to the Right to Know Campaign.
Your pension may be fueling climate change! $5.3 billion of PERS funds are invested in fossil fuels – and probably more! 60% of PERS funds are in secret investments. YOU have the right to know what investments they are. Add your name to the Right to Know campaign
To Divest Oregon organizational leaders, please share widely!
New Report! “Oregon Treasury’s Private Investment Transparency Problem”
| ||||||||||||||||||||||||||||
Will Santa Deliver to OIC Members?
At the December OIC meeting, Divest Oregon called out Treasury’s failure to act on climate risk to the OST portfolio — risk confirmed in their own 2021 Climate Risk Assessment.
Rick Pope checked in with Santa Claus, who interrupted his obsessing over the North Pole melting, to express concern that in the last OIC meeting consultants presented 124 slides and said they ran 10,000 simulations in an asset/liability assessment — with zero consideration of the climate risks to the OST portfolio!
Rick pointed out the the Treasurer’s November press release expressed his firm intent to act vaguely at some point.
