Comparison of US Pension Funds’ Net Zero Plans Report
Regions: State Wide
Solution Areas: Finance & Economy Governance & Leadership
Details
Divest Oregon has just released a comprehensive and detailed Comparison of US Pension Funds’ Net Zero Plans Report. It allows the Oregon Treasurer and the Oregon Investment Council (OIC) to see what other fiduciaries are planning, to adopt best practices — at a minimum — and to change OIC policy as needed.
Climate change is moving fast, and the report should be used by Oregon PERS and all fiduciaries to move faster in implementing a strong plan.
The report compares the net zero plans of public pension funds of NY City, NY State Common Fund, CalPERS, CalSTRS and Oregon PERS. These net zero plans are evaluated on 7 key criteria:
- Portfolio Net Zero Target Dates
- Just Transition
- No New Investments in Fossil Fuels
- Climate Aligned Investments
- Fossil Fuel Divestment or Exclusion
- Transparency & Reporting
- Climate Association Leader
The Divest Oregon report includes an overview and an easy-to-read summary, so check it out!
