ESG & Investing

NYC Pension Fund Decides to Join Climate-Finance Group

  • Environmental coalitions have been focus of Republican attacks
  • Lander says ‘all the more reason’ to work with other firms
Brad LanderPhotographer: Yuki Iwamura/Bloomberg
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One of New York City’s pension funds is joining a climate-finance group as it double downs on efforts to address investment risks from global warming.

The New York City Employees’ Retirement System will become part of the Net-Zero Asset Owner Alliance, according to a statement from the city’s Comptroller Brad Lander on Thursday.