A look at pension funds asking about fossil fuels
Notice: Undefined variable: article_ad_placement3 in /usr/web/cs-washington.ogdennews.com/wp-content/themes/News_Core_2023_WashCluster/single.php on line 128
Some large pension funds are worried that fossil fuel companies may not be as profitable in the future because of efforts to limit climate change, and they want details on how the firms will manage a long-term shift to cleaner energy sources. The funds making the request include:
• Praxis Mutual Funds
• Rockefeller & Co.
• California State Teachers’ Retirement System
• New York City Pension Funds
• New York State Common Retirement Fund
• Nordea Asset Management
• The Church of England Pensions Board
• Scottish Widows Investment Partnership
• Sisters of St. Francis of Philadelphia
• Capricorn Investment Group LLC
• Vermont Office of the State Treasurer
• Australian Ethical Investment Ltd.
• Kleinwort Benson Investors