Public pensions, university endowments and foundations invest billions of dollars in assets of corporations whose products and practices are harmful to the public and undermine the long-term interests of their beneficiaries.
Why should these monies be invested in companies that pollute our environment, exploit sweatshop laborers, push tobacco on our children and loot the savings of our elders?
It doesn’t have to be this way.
Public institutions can exercise their shareowner rights to demand accountability from corporations. Public monies can be used to improve communities, promote sustainability and secure the future for generations to come.
Public monies should be used for public good.