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Sustainability

Urgent policy action needed on climate

Last month Ceres convened the largest group of businesses calling for climate legislation in at least a decade. Their message was loud and clear: Congress must put forward policy responses equal to the severity of the climate crisis including a national price on carbon.
Sustainability

Fiduciary duty to push for climate change action: CalPERS CEO

CalPERS chief executive Ann Stausboll told delegates at an investor summit on climate change held in New York this week that the fiduciary duty of pension funds should extend to issues outside the parameters typically understood as being directly related to beneficiaries’ financial interests. Stausboll said it is a fiduciary duty of investors not only […]
Sustainability

Investors’ climate summit

After a tentative agreement was achieved by global leaders in Durban in December more than 500 global investors will meet at the United Nations next week to discuss the investment needed to address climate change. The chief executive officers of CalPERS and CalSTRS, as well as the comptrollers of New York’s state and local public […]
Insider

Climate change dwarfs euro crisis when seen from afar

Someone once told me the reason the Dalai Lama is always smiling, even when he’s talking about war, is that his view of the world, and all its troubles, is like a knowing father watching a child work through the wonderment and challenges of life. It is with this view that institutional investors must face […]