Search Results for: divestment

After breezing through the state House and Senate (by vote counts of 102-0 and 49-0), Illinois Gov. Bruce Rauner says he will sign a bill that prohibits Illinois and its pension funds from investing in companies that participate in the Boycott, Divestment and Sanctions (BDS) movement against Israel. More from the State-Journal Register: Senate Bill … Continue reading Illinois Will Pass Bill Prohibiting Pensions From Investing In Companies Boycotting Israel

The World Bank for years has strongly advocated for socially responsible investing and has publicly crusaded against investing in the coal and tobacco industries. But the Bank’s pension fund indirectly invests in those very same industries, according to a report from Reuters, and has been opaque about disclosing those investments. From Reuters: The World Bank … Continue reading World Bank Pension Fund Invests Against Its Own Ethical Principles, Claims Report

In the wake of the Sandy Hook school shooting in 2012, many large pension funds considered divesting from gun manufacturers – or, forcing manufactuers to comply with a set of safety initiatives known as the Sandy Hook Principles. Pension360 has covered that rising sentiment, and the names attached to the movement are big: the New … Continue reading CalSTRS Under Pressure to Divest From Gun Manufacturer