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Task Force on Sustainable Banking and Investments

Task Force Final Report Available for Review


Documents Establishing Task Force:

The Task Force has two purposes:

1. Define and identify steps to implement sustainable banking and investment policies that fulfill both the City’s nuclear-free and climate change goals, including:

a. review the City’s policy statements and the recommendations of the Nuclear Free Committee and the Committee on the Environment,

b. build on previous staff efforts and consultant advice,

c. explore best practices and actions taken by other communities,

d. define “sustainable” investments and identify specific city financial functions to be included, and

e. work with city staff and consultants to recommend to Council the specific next steps on implementing these policies.

2. Review and recommend updates to the implementation specifics of the nuclear-free ordinance, to best fulfill the purposes of the ordinance and to coordinate with the city’s greenhouse gas emissions reduction goals and other priorities, including:

a. clarify how the ordinance should apply to City uses and impacts of nuclear generated electric power as well as nuclear weapons,

b. update specific tasks and assignments in the ordinance,

c. consider specific tasks assigned to the Nuclear Free Committee, such as review of existing City contracts, awards, purchase orders; annual list of nuclear weapons producers; recommendations on transport of high-level nuclear waste; research on waivers of purchasing requirements; and outreach, and education on nuclear weapons issues.

The Task Force should consider the potential impacts of changes to city banking and investment policies, including positive and negative impacts on climate change, health, safety, housing affordability, racial equity, and other factors.

Members of the Task Force on Sustainable Banking and Investments

Member NameWard
Michael Ashford (Vice Chair)Ward 2
David BendWard 1
Amber CameronWard 4
William GirardoWard 2
Paul GunterWard 1
Lesley HunterWard 2
Rachel Fredman Lyngaas (Secretary)Ward 2
Christine PendzichWard 2
Victor Thuronyi (Chair)Ward 1


Task Force on Sustainable Banking and Investments Agenda and Minutes

DateDocument NameType
2022-03-07Agenda - March 7, 2022Agenda
2022-02-21Minutes - February 21, 2022Minutes
2022-02-07Agenda - February 7, 2022
Minutes - February 7, 2022
Agenda & Minutes
2022-01-24Agenda - January 24, 2022

Minutes - January 24, 2022
Agenda & Minutes
2022-01-10Agenda - January 10, 2022
Minutes - January 10, 2022
2021-12-27Minutes - December 27, 2021Minutes
2021-12-13Minutes - December 13, 2021


Documents of Interest

Boards, Committees, & Commissions Sections