New York pension funds to put asset managers on notice over climate plans

New York pension funds to put asset managers on notice over climate plans

Comptroller to demand credible transition plans aligned with city’s goal to reach net zero by 2040

ESG economics from a Catholic perspective

An opinion writer argues in the Examiner that there is a faithful argument for ESG investing. (Getty Images)Some Nebraskans, including former State Treasurer John Murante in March, have argued that “public funds should always be invested with fiduciary considerations and duties top of mind — and nothing else.” Catholic tradition argues the opposite for the 350,000 Catholics and thousands of other Christians in Nebraska. The U.S. Catholic bishops…

New York Uses Tree Tracker To Help Expand Green Spaces

Democrat and Chronicle New York’s Green Ambition Gains Momentum New York State is taking significant strides toward climate resilience and environmental sustainability with a bold initiative to plant 25 million trees by 2033. At the heart of this effort is a focus on transparency, public involvement, and technological innovation. Governor Kathy Hochul recently introduced the Tree Tracker, an interactive digital platform designed to bring communi…

New York Pension Adds $2 Billion to Climate Index-Fund Stake

The New York State Common Retirement Fund is boosting its investment in an equity index focused on reducing the risks of climate change and accelerating the transition to cleaner energy.

News Release: NYC Comptroller Brad Lander Announces Asset Manager Accountability Policy on Earth Day - Americans for Financial Reform

NYC Comptroller Brad Lander announced standards by which he will evaluate the net zero plans of the asset managers that oversee the city’s pension assets. He will recommend the boards of trustees of the city’s pensions pursue other asset management options through a bidding process should some of their current asset managers fail to meet those standards. The post News Release: NYC Comptroller Brad Lander Announces Asset Manager Accountability Po…

According to a report by NZ Herald on April 8, the government plans to close the $400 million Climate Investment Fund founded by former Climate Change Minister James Shaw.