Over Time New York City’s Pension Funds Completed $3 Billion of Divestments From Fossil Fuels
Posted on 12/24/2021
In January 2018, the trustees of various New York public pension plans announced a goal to divest from fossil fuel reserve owners within five years. New York City Retirement Systems (NYCRS) retained independent investment consultants who conducted investment analyses showing the risks posed by fossil fuel companies and the prudent nature of the divestment actions […]
