Request Free Trial
January 23, 2024

Too few US public pensions taking adequate climate action, say campaigners

Melting icebergs as a result of climate change
Melting icebergs. The report claims that US public pension funds are broadly ‘failing to take systemic risk into account’, with few schemes analysed as having guidelines that recognise the risks of climate change (Photo: Salajean/Envato)

Sierra Club, and Stop the Money Pipeline have analysed the voting records of 24 US public pension funds and have found the majority are failing to address climate risks

US public pension funds are not doing enough to tackle climate-related financial risks, according to a group of campaigning organisations, which in their view raises “serious concerns about their execution of fiduciary duty”.

To continue reading

Request Free Trial
  • Unlimited access to all content
  • Email alerts highlighting key industry insight.
  • Invitations to attend exclusive roundtables and events.
  • The Sustainable Views Policy Tracker - deep insight on ESG regulations and deadlines
Already a subscriber?Log in
A service from the Financial Times