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The Arkansas public employees and judicial retirement systems have a total of about $50.3 million in bonds issued through financial service providers that Arkansas' ESG Oversight Committee has determined discriminate against fossil fuel and/or energy companies, system officials said.
Arkansas' ESG Oversight Committee cannot take into consideration the financial impact of the potential divestment of certain investments at the state's retirement systems under state law before determining its final list of financial service providers that discriminate against energy and/or fossil fuel companies, committee Chairman David Scott said Monday.
Arkansas' ESG Oversight Committee cannot take into consideration the financial impact of the potential divestment of certain investments at the state's retirement systems under state law before determining its final list of financial service providers that discriminate against energy and/or fossil fuel companies, committee Chairman David Scott said Monday.