Re: “WA treasurer warns state to pull back on private equity investments” (Jan. 29, Business):
Thank you for alerting us to the Washington state treasurer’s concerns. My wife’s pension as a former teacher is managed by the state, and we have money saved for our son’s college tuition via the state’s Guaranteed Education Tuition Program.
The Responsible Investment Act (Senate Bill 6304/House Bill 2662) would ensure that socially responsible principles are incorporated into the decision-making of the Washington State Investment Board. We do not want our savings invested in thermal coal, private detention facilities or weapons manufacturers complicit in international human rights violations.
Jonathan W. Brown, Seattle
