Articles by Nick Stockton
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How Boring Old Pension Funds Might Curb Global Warming
Nick Stockton | Wired – TRANSCEND Media Service,
22 May 2017
18 May 2017 – Last week, some retirement funds and church endowments, along with BlackRock, the world’s largest investment manager, approved a proposal that Occidental Petroleum report its climate-related vulnerabilities. These aren’t save-the-planet activist shareholders, but investment companies. More than 1,500 institutional investors are members of the UN-supported Principles for Responsible Investment, which lists accounting for climate risk among its six tenets.
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