CleanTechnica•about 1 month ago
Sierra Club Welcomes NYC Pension Search for Asset Managers, Urges Strong Climate Accountability
- •New York City's five public pension systems are initiating a search for asset managers to provide passive indexing services.
- •The Sierra Club is urging that these mandates be awarded only to firms demonstrating credible climate-risk management and responsible stewardship.
- •This move highlights a growing trend among major institutional investors to integrate climate accountability into their investment criteria, potentially influencing capital flows for energy projects and companies.
policy