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Public urges Santa Clara County to adopt sustainable investment policy; staff says treasury has no fossil-fuel holdings
Summary
Dozens of residents and advocacy groups urged the Santa Clara County Finance and Government Operations Committee on Nov. 6 to forward a Sustainability Commission recommendation to exclude new or renewed investments in fossil fuels and to expand county investment policy to companies they said are complicit in human-rights abuses.
Dozens of residents and advocacy groups urged the Santa Clara County Finance and Government Operations Committee on Nov. 6 to forward a Sustainability Commission recommendation to exclude new or renewed investments in fossil fuels — and to extend county policy to companies they said are complicit in human-rights abuses.
Speakers representing community groups including CARE, 350 Silicon Valley, the Sierra Club and student and labor organizations said taxpayer dollars should not be reinvested in companies such as Chevron, Exxon, Caterpillar, Palantir, Apple, Microsoft, Intel and Dell. "Divest from fossil fuels. Ethical investment now," said Musa (CARE), who described…
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