Ingrid Lopez rallies fellow students at the National School Walkout for Gun Control, at Miguel Contreras Learning Complex in Los Angeles. (Marcus Yam / Los Angeles Times)California’s teachers’ retirement system will pressure retail companies it invests in to stop selling firearms and parts that are outlawed by the state, and would consider divestment from firms that refuse to make changes, a key panel decided Wednesday. The vote by the Investment Committee for the California State Teachers’ Retirement System was supported by state Treasurer John Chiang, an ex officio member of the panel. It comes many months after he had asked in October that the system take more immediate action to stop investing in the gun retailers. On the debate stage Tuesday night, Chiang let voters know about the expected action coming from CalSTRS.
Source: Los Angeles Times May 10, 2018 18:40 UTC