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Peskin urges charter amendment to pressure retirement board on fossil-fuel divestment; item sent to rules committee
Summary
Supervisor Aaron Peskin proposed a charter amendment tied to retirement board appointments to push the San Francisco Retirement System toward divesting fossil-fuel holdings; he moved to send the amendment to the Rules Committee for revision and placement on the November ballot.
Supervisor Aaron Peskin urged colleagues to use a charter amendment to pressure the San Francisco Retirement System into divesting certain fossil-fuel investments and said he wanted to “hang this charter amendment over the retirement board like the sword of Damocles” to prompt action. Peskin moved to send the proposed charter amendment to the Rules Committee for amendment and placement on the November ballot; the…
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