Key to this, pension official Angela Miller-May tells a US House panel, is requiring a set level of minority and female outside advisers.
New requirements for DB, DC plans take effect October 1.
Alliance of pension and other institutional investors, managing $34 trillion, is worried about “ambition gap” in meeting Paris Agreement’s goals.
Move follows series of funds no longer interested in carrying tobacco-related investments.
The firms said they would incorporate ESG factors into the investment process.
Nascent organization is still accepting applications for a chief executive.
DiNapoli seeks to increase the state Common Retirement Fund’s sustainable investments to $20 billion.
Former US vice president says alma mater’s investments a ‘moral issue.’
Lawmakers demand fund dumps BP, Royal Dutch Shell holdings.
Action latest in KLP’s quest to eliminate ‘sin stocks’ from its $80 billion portfolio.
White paper says purpose of ESG is to improve financial performance, not change the world.
