Portland City Council to create socially responsible investment committee


From www.blueandgreentomorrow.com |Published August 5, 2014

In May, Portland City commissioner Steve Novick said in a statement, “From what I can tell, no other US city has looked at socially responsible investing in quite the same way as Portland.

“I’m hopeful other cities and states take note and adopt similar investment principles to hold companies accountable and align our investment policies with our values.”

The committee will focus on health, environment and labour practices when considering where to invest. The new committee will also extend the council’s current “do not buy list”.

Novick announced the first negative screening in May, when the council ruled it would… read more>


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