Research | The hidden risk in state pensions: Analysing state pensions’ responses to the climate crisis in proxy voting
The hidden risk in state pensions: Analysing state pensions’ responses to the climate crisis in proxy voting
24 January 2024
This report analyses the proxy voting strategies of 19 state pensions, as well as the five New York City Comptroller systems, managing over US$2 trillion in assets. Results reveal that most pensions failed to address climate-related financial risk, especially in areas such as lobbying, environmental justice, and Indigenous rights.
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