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Divestment Legislation - SB 252
two-year bill before the California Assembly. We are building a powerful coalition of unions, organizations, youth leaders and climate justice advocates to win full passage of SB 252 in 2024.
92% of all fossil fuel production and processing in California occurs in low-income or Black, Indigenous, and Latine communities – and those communities have the leadership and knowledge to steer California to a cleaner future for families, workers, and retirees. We mobilize to support efforts led by VISIÓN, Last Chance Alliance, and Youth vs. Apocalypse and other environmental justice groups across California.
For the last ten years, CalPERS members have been building a powerful campaign to hold CalPERS accountable for its complicity in the climate crisis.
We’ve mobilized hundreds of teachers, students, and frontline community members to urge the CalSTRS Board to divest.
By passing a fossil fuel divestment resolution, your union can help compel your pension to stop bankrolling the climate crisis.
Cities and Counties Supporting SB 252
A number of cities have joined the fossil fuel divestment campaign! They’ve passed resolutions requiring any city investments they make to be fossil free and calling on CalPERS to divest. With momentum for SB 252 building, you can help lead the way to legislative victory by asking your city to pass a resolution supporting fossil fuel divestment now.
Photo credit: Jeff Straw Branding