Public Policy Advocacy
Although Tri-State CRI focuses on direct engagement with corporations and investors, we also engage in limited public policy advocacy. Many of the issues that Tri-State CRI focuses on, such as climate change and human trafficking, are systemic in nature, and we recognize that these issues cannot be adequately addressed without changes to public policy. Tri-State CRI also believes that the perspective of progressive investors and businesses is not well-represented in public policy debates and can be critical in advancing social justice and environmental sustainability.
Tri-State CRI’s public policy advocacy currently focuses on climate change and human trafficking. Working with other investors, Tri-State CRI has publicly supported and offered comments on a number of recent climate change related regulations. In particular, Tri-State CRI has advocated for the EPA’s Clean Power Plan to reduce greenhouse gas emissions from the electricity sector, as well as EPA regulation to reduce methane emissions from the oil and gas sector. Such support has taken the form of investor statements, public comments on proposed regulation, and direct engagement with regulators and effected companies. Tri-State CRI has also engaged in dialogue with legislators in the Tri-State area to discuss proposed climate and energy legislation, as well as more distant legislative solutions such as carbon pricing.
In the realm of human trafficking, Tri-State CRI’s public policy advocacy has focused on the Business Supply Chain Transparency on Trafficking and Slavery Act of 2015. This legislation would establish robust disclosure requirements for corporations of a certain size related to their efforts to combat human trafficking and slavery within their supply chains. As investors, Tri-State CRI members are particularly well positioned to advocate in support of this legislation, as it would not only support efforts to eradicate the scourges of human trafficking and slavery but also help corporations manage the risks posed by these issues. Tri-State CRI has signed ICCR’s investor statement in support of this legislation, sent dozens of letters to legislators, and met with certain lawmakers to promote the bill and seek co-sponsors.