In December of 2014, Portland's City Council passed a resolution creating a Socially Responsible Investments Committee. The committee is charged with recommending corporate issuers for inclusion on, or removal from, the City's Corporate Securities Do-Not-Buy List in the City's direct investment in corporate securities. 

The committee is advisory to Council; Council must adopt any changes to the Corporate Securities Do-Not-Buy List. See the resolution, which is available here, for complete information about the committee’s charge. Council established the following social and values concerns as principles for consideration by the committee when making its recommendations:

• Environmental concerns
• Health concerns including weapons production
• Concerns about abusive labor practices
• Concerns about corrupt corporate ethics and governance
• Concerns about extreme tax avoidance
• Concerns about exercise of such a level of market dominance so as to disrupt normal competitive market forces
• Concerns about impacts on human rights

Click here for a list of companies that have been discussed by the committee.

Click here for video of the December 21 Council meeting and vote on the Do-Not-Buy List (discussion begins at 6:48:15)

Click here to read Resolution 37262, Extend the Corporate Securities Do-Not-Buy List, adopted by Council at the December 21 meeting.

Public Comments

Email public comments about the Socially Responsible Investments Committee to Janet Storm at janet.storm@portlandoregon.gov or send via regular mail to: 

City of Portland Socially Responsible Investments Committee
c/o Janet Storm
1120 SW 5th Avenue, Room 1250
Portland, OR 97204