NEW ORLEANS - On January 11, 2018, the City Council passed a Resolution that encourages the creation of a process to review direct investments and contracts for inclusion on, or removal from, the City's list of corporate securities and contractual partners. The Resolution is in keeping with the City of New Orleans' declaration as a Welcoming City in 2015 and its commitment to creating a more inclusive, receptive environment.
"The Resolution adopted takes no position as to which securities the City of New Orleans may choose to divest from its investments. The Council did not single out any particular companies, countries, nations, issues, conflicts or existing contractors. The Resolution simply seeks to keep City contracts and investments in line with our commitment to upholding universal human rights," says Councilmember LaToya Cantrell.
Resolution R-18-5 also does not specify the process by which current and future contracts and investments will be reviewed.
"If and when a Committee is formed, the members will consist of a cross-section of community members and stakeholders, including members of our faith communities," Cantrell says.
The Resolution simply recognizes the City's social and ethical obligations to take steps to avoid contracting with or investing in certain corporations -- namely those that consistently violate human rights, civil rights or labor rights, or corporations whose practices egregiously contradict efforts to create a prosperous, educated, healthy and equitable society.
Council President Jason Williams says, "My support of this measure was not, and is not, intended to in any way be reflective of either an anti-Israel or pro-BDS sentiment. Any process or examining committee will be locally rooted and made up of New Orleanians from every walk of life. This resolution is pro womankind and mankind. It is simply humanitarian."
Councilmember Jared C. Brossett adds that "this resolution simply recognizes our support of human rights, labor rights, and New Orleans being an inclusive city. This is consistent with my support of these resolutions as New Orleans being a multinational/racial and welcoming place to visit, live, and work."
Councilmember James A. Gray says that "Our resolution was an affirmation of our belief in the basic principles of American Society. No more, no less."
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Councilmember Jason Rogers Williams, At-Large