<
https://ieefa.org/resources/new-york-state-common-retirement-fund-takes-action-protect-new-yorkers-further-losses-oil>
"Under the leadership of New York State Comptroller Tom DiNapoli, the New York
State Common Retirement Fund has announced some very big steps toward holding
fossil fuel companies accountable on climate change.
The Fund is divesting from ExxonMobil because the company's energy transition
plan failed to meet the Fund's standards.
The Fund has also announced it is doubling its sustainable investment portfolio
from $20 billion to $40 billion, reflecting the growth of these investments in
the market generally.
The divestment steps protect the Fund from further fossil fuel investment
losses and increases investments in lower-carbon indexes that are growing."
Via
Fix the News:
<
https://fixthenews.com/good-news-human-rights-greece-education-burundi-reforestation-america/>
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
