A resolution by Philadelphia Controller Alan Butkovitz to divest pension funds in companies conducting business in Sudan was passed by the city Pension Board earlier this week. According to the Philadelphia Inquirer, the resolution, which the Controller’s Office said is in response to the genocide in the Darfur region, includes about $145 million in divestments. The move follows similar moves in California.
Philadelphia Pension Funds To Sell Sudan Investments
A resolution by Philadelphia Controller Alan Butkovitz to divest pension funds in companies conducting business in Sudan was passed by the city Pension Board earlier this week. According to the Philadelphia Inquirer, the resolution, which the Controller's Office said is