Divestment From Companies With Prohibitions Against Israel
Anti-BDS divestment legislation, signed into law in 2016, calls for the PERA Board of Trustees to create a list of restricted companies biannually and to prohibit investments in these companies going forward. The establishment of the list requires PERA to engage the companies on the list to warn them of potential divestment. For additional information, please see the PERA Board of Trustee’s approved methodology for creation of the Restricted Company list.
Colorado PERA’s Policy on Iran-Related Investments addresses specific risks related to direct public investments in foreign companies doing business in Iran. The Board established the policy to provide additional resources for researching and analyzing Iran-related risk.