Sacramento Adopts Socially Responsible Investment Policy, Divests from Lockheed Martin
The Sacramento City Council approved an amendment to its investment policy, establishing socially responsible investment criteria, and subsequently divested city funds from Lockheed Martin. Approved on June 9, the policy incorporates restrictions on future investments in companies linked to severe human rights violations, weapons manufacturing, and immigration detention. This action followed advocacy from community groups, including the Sacramento Reinvestment Coalition, which had raised concerns regarding investments in companies alleged to contribute to war crimes and genocide.
