An Act Promoting Responsible Investment (HD.3001/SD.1399)

Massachusetts currently invests approximately $2.1 BILLION of state pension holdings in entities involved with weapons of mass destruction - including investments in RTX Corporations (Raytheon), Northrop Grumman Corp, Lockheed Martin Corp, Boeing, Maersk, and more. That's 7.42% of total state pension holdings invested in weapons of mass destruction.We want Massachusetts to move money away from unethical systems and reinvest in sustainable, socially-responsible alternatives!We urge our legislators to pass An Act Promoting Responsible Investment. This bill would require the Massachusetts administration to divest public pension funds - taxpayer money - from all entities involved in manufacturing, producing, selling, or promoting weapons of mass destruction.Divestment from weapons of mass destruction means removing invested assets from companies involved in manufacturing, producing, selling, and/or promoting WMD - or facilitating any of these activities.