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Public commenters urge WSIB to adopt ethical investing rules, cite climate and human-rights risks
Summary
Dozens of beneficiaries and activists urged the Washington State Investment Board to adopt responsible-investing policies and divest from companies they said enable climate harm, private prisons and human-rights abuses; speakers cited pending legislation and asked the board to engage with bill sponsors.
Dozens of public commenters told the Washington State Investment Board during its February meeting that the board should adopt explicit responsible‑investment principles and divest from companies they said contribute to climate change, private‑prison operations and human‑rights abuses.
Barbara Carey, a PERS 3 retiree and member of the Retiree Public Employees Coalition, told the board that "roughly 800,000 of us Washingtonians depend on you to protect the long term value of our hard earned pension funds" and urged four concrete actions, including stopping investments in high‑emitting companies that lack credible transition…
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