Hi There !

I read somewhere that the State Pension Fund of Connecticut
(or some similar State agency) has set aside $100 million which 
can only be invested in Environmental companies.

A 5-star answer would be a list of all (or at least most)
of the 50 states which have singled out environmental companies
for special treatment (versus "normal" companies in less
"political" industries).

All comments greatly appreciated !

ron



P.S.   If possible, please complete this answer
by Thursday 8 AM (Pacific Standard Time).
Thanks !!

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Request for Question Clarification by pafalafa-ga on 05 Feb 2004 13:08 PST

Hi Ron,

You might want to have a look at this very recent report:


http://www.socialinvest.org/areas/research/other/012004_treasurers.pdf

Corporate Governance, Social Responsibility, and Obligations of Ownership
Background Paper for State Treasurers and Legislators

which has information strewn throughout on what states are doing,
including this paragraph, which lists a number of state and local
government initiatives:


"Public pension funds could consider adding one or more "social choice"
investments to their portfolio of investments. One of the nation?s
largest retirement plans, TIAA-CREF, makes available a "social choice"
account to its participants, so that those who wish to do so can
invest in portfolios applying social, environmental and corporate
governance screens. Public pension funds at the state and local level
can similarly make "social choice" accounts available to their
participants among the savings option in their defined contributions
accounts. Among public pension funds already including such options
are the cities of New York (New York), Chicago (Illinois), San
Francisco (California), King County (Washington), the States of
Alaska, California, Colorado, Illinois, Indiana, Tennessee, Vermont,
Wisconsin, and the Commonwealth of Massachusetts."

Not a comprehensive list, but a start, eh...!

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Clarification of Question by nronronronro-ga on 05 Feb 2004 19:48 PST

pafalafa---this is terrific.

Please post as an answer so I can pay you.

Thanks !
ron