Oregon State Employees are About to LOSE Their Retirement!!!
Oregon Treasurer Tobias Read unveiled a plan to transition the Oregon Public Employees Retirement Fund to a net-zero carbon emissions portfolio by 2050 this week.
The plan revealed the actions the Treasury plans to take in both the short- and long-term to meet its carbon reduction goals.
For example, to Cut the portfolio's emissions by 60% by 2035, it will do the following:
• Triple climate-positive investments in Private Equity and Real Assets from the current $2 billion to $6 billion by 2035
• Increase percentage of Public Equity holdings that are climate- or transition-aligned
• Exclude new investments in private market funds that have a stated intention to invest primarily in fossil fuels
