Communications with PERA: Fossil Free PERA Meets with PERA Director, CIO and Staff

Members of the Fossil Free PERA Coalition met with PERA Director, Chief Investment Officer and staff in the fall of 2019 to share ongoing concerns and to formally deliver a Letter of Inquiry and Petition to PERA. The following post highlights the communications between PERA leadership and Fossil Free PERA members.

You can read Fossil Free PERA’s Letter of Inquiry and Petition to PERA here: https://docs.google.com/document/d/1cDp3yLFKboflPAaZUDoLInUrd2thzbRVApHtU3eCZT4/edit?usp=sharin

The Letter of Inquiry and Petition asked PERA a series of questions regarding evaluation of exposure to climate-related financial risk. You can read the full 6 page Letter of Inquiry highlighting research and concerns at the link above, as well as detailing the questions asked of PERA regarding investment practices.

PERA submitted the following response to the Fossil Free PERA Coalition in November, 2019. You can read PERA’s response to Fossil Free PERA here: https://world.350.org/colorado/files/2020/09/CoPERA_Fossil-Free-PERA_Response-Letter_112519.pdf

In December, Fossil Free PERA submitted the following additional response to PERA’ regarding our requests. You can read the full letter to PERA here: :https://world.350.org/colorado/files/2020/09/Response-to-PERA_-December-2019-from-Fossil-Free-PERA-.pdf A piece of that response letter is excerpted below.