The database will allow the public to see how the state manages nearly $100 billion of public employee retirement funds. The public will be able to see if Oregon voted to raise CEO compensation, or in favor of efforts to de-carbonize.

Previously, if you wanted details on how Oregon used its shareholder votes, you’d need to make a public records request. State Treasurer Tobias Read said now, all that is online.

“They’re sortable, so you could look at any company you’re interested in, going back years, what were the votes that were in front of that particular company, and how did Oregon cast our vote,” he said.

For instance, you can see if Oregon voted to raise CEO compensation, or invest in initiatives that address climate change.

  • shalafi@lemmy.worldEnglish
    6·
    11 months ago

    I always look for the downsides of “obviously” solid initiatives like this. Not seeing any here.

    • pelespirit@sh.itjust.worksOP
      4·
      11 months ago

      Every state should do this. I would also like to see lists compiled for every federal politician the same way. I know there were some watchdogs doing the stocks thing, but I haven’t seen anything about it lately. A requirement would be better.

  • CaptainSpaceman@lemmy.world
    2·
    11 months ago

    Its crazy because as a kid learning about givts and how they function, it seemed like this would have all been public to begin with. Crazy…