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Albany council adds human‑rights language to investment policy's ESG statement
Summary
Council amended the city investment policy to add a value statement referencing ESG criteria and to include a bullet about applying consistent human‑rights principles; the resolution passed after council amendments and a roll‑call vote.
The Albany City Council voted to amend the city’s investment policy to include an environmental, social and governance (ESG) value statement and an explicit reference to applying consistent human‑rights principles.
Rainer Schwartz, the city’s finance director, summarized the committee’s work and the purpose of a value statement to complement the…
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