SB23-016, a bill to reduce greenhouse gas emissions in Colorado, has two sections regarding PERA’s fossil fuel investments, one of which is in danger of being amended out in a Senate Finance Committee Hearing on Tuesday, 2/21. Section 2 of the bill would require the PERA board to adopt proxy voting procedures to ensure that PERA’s shareholder votes in the companies they invest in align with and support statewide greenhouse gas emission reduction goals. Section 3 requires PERA to publicly report a description of climate-related investment risks, impacts, and strategies.
We have three urgent action alerts to ensure that the PERA fossil fuel sections remain in Senate Bill 23-016! Please take action to help pass legislation that ensures PERA is held accountable for its role in financing the climate crisis!
If you are a PERA member, your voice is especially powerful on this issue – please make note of your PERA membership when taking any of the following 3 actions:
1) Please take 30 seconds to send a letter to members of the Senate Finance Committee, urging them to keep the PERA fossil fuel sections in SB23-016 during next week’s committee hearing!
PERA’s leadership has been actively working to get Section 2 removed, and have recently sent out a form letter to PERA members, telling them to urge the Senate Finance Committee to remove PERA from the bill. In the lead-up to next Tuesday’s Senate Finance hearing, we need committee members to hear from constituents loud and clear: PERA must be held accountable for their role in financing the climate crisis.
If you are a PERA member, please make note of your PERA membership in your letter.
We encourage you to personalize the letter, but feel free to submit the letter as-is.
2) Please sign up to testify at the Senate Finance Committee Hearing on Tuesday, February 21st, and urge the committee to keep the PERA sections in the bill!
You can testify remotely via Zoom, in-person at the Denver Capitol, or via written testimony. This Factsheet and Testimony Toolkithas talking points and instructions to register to testify. Please note that comments to the Senate Finance Committee should focus on the PERA provisions of the bill only.
3) If you are a constituent of Senator Kolker or Senator Mullica, please reach out to them and urge them to keep the PERA sections in SB23-016!
We need PERA members and constituents to contact two Senators on the Finance Committee: Senator Kyle Mullica and Senator Chris Kolker, and urge them to ensure that Section 2 remains in SB23-016. If you are a PERA member and/ or a constituent of these Senators, your voice will be crucial in ensuring this piece of the bill remains intact. You can use this email/ call script to help with outreach – it should only take 2 minutes.
Senator Kolker represents Senate District 16 which includes Littleton, Columbine Valley, and Bow Mar and the areas around those towns.
He can be reached at email@example.com or 303-866-4883.
Senator Mullica represents Senate District 24, which includes Thornton and Federal Heights.
He can be reached at firstname.lastname@example.org or 303-866-4451.
If you are unsure whether you are a constituent of these Senators, you can find out here.