Investors Ask 82 Companies to Stop Funding Voter Suppression

A group of state treasurers, public pension plans and foundations called on the boards of Facebook Inc., Exxon Mobil Corp. and other companies to halt donations to elected officials who backed voter suppression efforts or voted against the certification of the 2020 Presidential election.

The group, which includes California Public Employees’ Retirement System and the Rhode Island State Treasury, Wednesday sent a letter to the boards of more than 80 companies, which included major banks, retailers, and technology companies, such as Citigroup Inc., Walmart Inc. and Microsoft Corp.

The coalition called on companies to change their policies to ban contributions ...