Investing Public Monies

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There has been a push by right-wing State Treasurers to exclude companies with DEI (Diversity, Equity and Inclusion) programs and policies. There’s a war on renewable energy by the Arizona Corporation Commission.

As your Pima County Treasurer, I will promote where possible Environmental – Social – Governance guided Investments. The return on those investments should be more than monetary – the return on the investments should promote our values. I will respect LBGTQ+ rights and look for investments in companies that also respect those rights. I will look for investment opportunities in companies that give and promote opportunities for a diverse workforce. Unions have been essential for economic justice; I will for investing in unionized workplaces.

What is
ESG?

Environmental, social and governance criteria, or ESG, is a framework companies use to evaluate their sustainability. Environmental factors look at the conservation of the natural world, social factors examine how a company treats people both inside and outside the company and governance factors consider how a company is run. Here are some examples of what each ESG category covers:

Environmental: Carbon emissions, Air and water pollution, Deforestation,

Green energy initiatives, Waste management, Water usage

Social: Employee gender and diversity, Data security, Customer satisfaction

Company sexual harassment policies, Human rights at home and abroad

Governance: Diversity of board members, Political contributions, Executive pay, Large-scale lawsuits, Internal corruption, Lobbying

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