Divestment
Divestment refers to the process of reducing or withdrawing assets for either financial or ethical objectives.
- Divestment Legislation by State NCSL, updated April 9, 2008
Studies & Reports
Should Public Plans Engage in Social Investing? Center for Retirement Research, August 2007
- Social investing is a movement that advocates incorporating social and environmental considerations, as well as financial factors, when making investment decisions. This brief explores the current world of social investing, the recent efforts regarding the Sudan and Iran, the likely impact of social investing on the target firms, and the reasons why such activity may be inappropriate for public pension plans.
Analysis of IRRC-CSAG Terror/Proliferation Screen Barclay's Global Investors
- This study provides analysis of the investment implications of screening out securities with considerations to social and/or political motivations.
SWIB and Sudan: Why Divestment Is Not the Answer State of Wisconsin Investment Board, February 2007
Actuarial Impact on Pension Funds due to Divestment of Certain Investments that are Associated with Terrorism or Social Atrocities Pricewaterhouse Coopers
- This analysis deals with the issue of proposed state legislation to divest assets from countries associated with terrorism or social atrocities. The authors deal with questions of Constitutionality and fiduciary standards in attempting to discover the net impact of divestment activities.
Analysis of Proposed Ohio Divestment Legislation Am. Sub. H.B. 151 Ohio Retirement Study Council, June 2007
- Analysis of Ohio divestment legislation
Special Report: Divestment and Pennsylvania's Public Employee Retirement System Commonwealth of Pennsylvania Public Employee Retirement Commission, October 2007
- This report presents a general discussion of the issues involved in divestment legislation, summaries of analytical studies of prior economic sanction programs, including their cost and effectiveness, the concerns raised by State involvement in foreign affairs and reliance upon private contractors to identify targeted corporations for divestment, and the cost projections of the two State retirement systems if the terror-sponsor legislation were passed