Our Demands

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: 

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. 

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.

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.