With the release of the Treasurer's Net-Zero plan, we are urging a more robust and urgent investment response to the climate crisis.
Divest Oregon provides public testimony at all Oregon Investment Council meetings and works to inform the public about Oregon Treasurer candidates.
The COAL Act was passed in 2024 to require the Oregon Treasury to divest from current thermal coal holdings. It is an important first step.
From analysis of fossil fuel holdings of the Treasury, to private investments and human rights issues, Divest Oregon provides insights into what's happening in the Oregon Treasury.
As climate change drives energy market shifts, investment in fossil fuels has no long-term financial future and is causing existential damage in the present.
The Oregon Treasury manages $137 Billion in investments; $90B is in public employee pension funds. Oregon should be at the leading edge of climate-safe investments to support a sustainable future for us all.
Fossil fuels cause climate chaos and deadly pollution. All too often pipelines and power plants harm our frontline communities and violate human rights.
Burning fossil fuels is the primary cause of climate change. Investing in fossil fuels feeds this crisis, which threatens life on Earth, damages the global economy, and places the PERS portfolio under significant risk. We therefore demand of the Oregon Treasurer and the Oregon Investment Council:
1
Invest in a just, climate-safe future
Maximize climate-safe investments. Support a more just energy transition and policies that protect PERS investments and global communities from systemic climate damage. Make investment decisions that respect human rights and mitigate harm to frontline and indigenous communities.
2
End investments in fossil fuels
Urgently and transparently phase out all current fossil fuel investments. Stop new investments in fossil fuels, including renewal of private fund investments.
3
Address climate risk transparently
Implement a comprehensive, published Treasury plan to mitigate the impact of climate risk to the PERS portfolio. Annually report plan implementation to beneficiaries and the public, including an annual list of all portfolio holdings.