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After hours of testimony, Portland council directs study of human‑rights investment screen
Summary
Following extensive public testimony urging a human‑rights screen to bar city investments tied to human-rights abuses, council approved an amendment asking the administration and interested council offices to develop options for an ethical investment policy. The amendment passed 8–3; the investment policy was adopted as amended.
Portland’s City Council adopted the city’s annual investment policy after approving an amendment that directs staff and interested council offices to develop options for an ethical investment framework that could incorporate a human‑rights screening process.
The finance committee had recommended adoption of the existing policy with only administrative updates, but dozens of speakers urged the council to go further. Public testimony — from labor groups, faith organizations, human‑rights advocates and tech workers — focused on corporate holdings such as Amazon, Google, Microsoft, Nvidia, Apple, Caterpillar and Walmart, which speakers linked to human‑rights concerns…
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