Washington SB6304 ensures responsible investment principles for the Washington State Investment Board.
Washington SB6304 mandates that the Washington State Investment Board incorporates responsible investment principles into its decision-making. These principles include avoiding investments that contribute to serious human rights violations, armed conflict, environmental degradation, and other unethical practices. The board must diversify investments, limit holdings in any single company, and use proxy voting to support shareholder resolutions that promote responsible investment.
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- Impact
- Legal Framework
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