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Commissioner Steve Novick

Official Website for Commissioner Steve Novick

Phone: 503-823-4682

fax: 503-823-4019

1221 SW 4th Ave. Suite 210, Portland, OR 97204

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WILLAMETTE WEEK: "Do-Not-Buy" List Could Leave City With No Options for Corporate Investment, Committee Warns

August 13, 2014 | Willamette Week-- Portland is moving forward with City Commissioner Steve Novick’s plan to stop the city from investing its $940 million portfolio in companies that are ethically challenged.

But as reported in this morning's Murmurs, the group that guides that portfolio warns the “do-not-buy” list could leave the city with few corporations left to invest in.
Novick drew national media attention in May when the city started implementing his plan to dump its $36 million investment in Wal-Mart bonds.

Last week, the City Council took steps toward creating a “do-not-buy” list READ FULL ARTICLE