Europe leads the way among institutional investors divesting from coal, according to a new report.
Former NYC mayor cites gunmaker investments held by the state’s two largest pension funds.
The pension giants would have to sell off more than $9 billion combined in assets by 2027.
A university committee will determine if any companies are ineligible for investment from its $42.3 billion endowment.
Larry Fink Says We Need to Work With, Not Against Hydrocarbon Companies. But Can We Trust Them Given Their History?
ABP has approximately $17.4 billion invested in the industry.
More than 90% of corporate DB plans with de-risking goals say they expect to divest all their plan liabilities in the next five years.
The city council will also consider a legislative package aiming to tackle climate change.