Oregon
Treasurer Read presented to the Oregon Investment Council details regarding Treasury’s plan to transition the Oregon Public Employees Retirement Fund to a net zero carbon emissions portfolio by no later than 2050

Eugene, OR – According to the state officials, the Net Zero Plan lays out specific actions Treasury will take in the short- and long-term to reduce the amount of carbon emissions associated with OPERF investments and protect the fund’s strong investment returns.
State officials also announced that in order to achieve the 2050 goal, Treasury will reduce the portfolio’s carbon emissions intensity by 60% by 2035.
Specifically, Treasury will:
- Triple climate positive investments in Private Equity and Real Assets from the current $2 billion to $6 billion by 2035
- Increase percentage of Public Equity holdings that are climate- or transition-aligned
- Exclude new investments in private market funds that have a stated intention to invest primarily in fossil fuels
- Increase the share of portfolio emissions covered by credible net zero transition plans
Additionally, the plan lays out the importance of prioritizing efforts as a responsible investor and shareholder that will lead to real-world emissions reductions. Through increased shareholder engagement and investor partnerships, Treasury aims to encourage the companies it invests in to be net zero-aligned and adopt credible carbon-reduction plans.
-
Eugene5 days ago
Firefighters contain South Hills house fire in Eugene, prevent spread to nearby trees and homes
-
Oregon5 days ago
Governor Kotek invokes Emergency Conflagration Act for Elk Fire in Klamath County as wildfire threat grows
-
Eugene3 days ago
19-year-old taken into custody on drug and weapon charges after early morning contact at Skinner Butte Park
-
Eugene5 days ago
Eugene braces for heat advisory as temperatures near 100 degrees, splash pads open daily to help residents stay cool
-
Eugene3 days ago
Propane leak shuts down section of Danebo during emergency response in west Eugene
-
Eugene3 days ago
Eugene firefighters battle three suspicious brush fires in early morning hours along East Bank Bike Path
-
Eugene3 days ago
Dozens begin careers in emergency response as 43 new recruits enter Eugene Springfield Fire EMS academy
-
Eugene1 week ago
34-year-old suspect wanted for murder apprehended by Eugene police using license plate reader system