City of Oakland - File #: 16-0867

• File #: 16-0867
• Version: 1
• Name: Support Of SB 560 - Protecting Pensions From Climate Risk By Senator Ben Allen
• Type: City Resolution
• Status: Passed
• File created: 3/15/2017
• In control: * Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council
• On agenda: 4/18/2017
• Final action: 4/18/2017
• Title: Subject: Support Of SB 560 - Protecting Pensions From Climate Risk By Senator Ben Allen From: Councilmembers Kalb Recommendation: Adopt A Resolution In Support Of Senate Bill 560 (Senator Allen) That Will Require Members Of California’s Public Pension Funds Boards, As Part Of Their Fiduciary Duties, To Consider Financial Risks Associated With Climate Change With Respect To Their Investments, And, Beginning In 2020, To Report Annually On The Financial Climate Risks, Including The Carbon Footprint Of The Investments
• Sponsors: Dan Kalb

Date	Ver.	Action By	Action	Result
4/18/2017	1	* Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council	Adopted	Pass
4/13/2017	1	*Rules & Legislation Committee	Approved the Recommendation of Staff, and Forward
3/23/2017	1	*Rules & Legislation Committee	Scheduled

Title

Subject:                     Support Of SB 560 - Protecting Pensions From Climate Risk By Senator Ben Allen

From:                                          Councilmembers Kalb

Recommendation: Adopt A Resolution In Support Of Senate Bill 560 (Senator Allen) That Will Require Members Of California’s Public Pension Funds Boards, As Part Of Their Fiduciary Duties, To Consider Financial Risks Associated With Climate Change With Respect To Their Investments, And, Beginning In 2020, To Report Annually On The Financial Climate Risks, Including The Carbon Footprint Of The Investments