This week, Bank of America Corporation (BAC) announced a $2 billion bond deal called “Equality Progress Sustainability Bond” with funding that will help fight against income and social inequality in America’s Black and Hispanic communities. The Pension Boards has invested $6.6 million on behalf of its members.
By Rev. James Moos, Executive Director, Faith and Finance Ministries
“It just took off as if there was jet fuel.” So said Sheriff Brett Meyers of Whitman County, Washington concerning the fire that mostly destroyed the town of Malden. At the time of this writing, there are more than 100 active large fires burning in western states that have consumed approximately 6.6 million acres. Dozens of persons have died as a result, thousands of homes and buildings have been destroyed, and numerous communities are experiencing the worst air quality on the planet.
A Pension Boards Interview with Rev. Richard Walters
In a three-part article series, Pension Boards Intern Sheik Floradewan interviews the Rev. Richard Walters, Director of Corporate Social Responsibility, to discuss the role of shareholder activism and the work to mitigate climate change.
What does it take to become a responsible investor in today’s world? Do you think about making moral investment choices in ways that can impact the climate, our environment, or the way we utilize our natural resources?
The Pension Boards interviews Andrew Russell, Director of Fixed-Income Investments, to share how investing in green bonds (bonds specifically earmarked to raise money for climate and environmental projects) is one way Pension Boards’ members can add their footprint to mitigate climate change.