JOURNAL ARTICLE

US Pensions Lack Strong Climate Strategies, Sierra Club Says.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Raimonde, Olivia 3 of 3

Abstract

The article focuses on the findings of an analysis by the Sierra Club, which reveals that most U.S. pension funds lack a net zero commitment or a credible climate investment strategy. Out of 29 pension funds reviewed, only three received strong marks for net zero commitments, and just five had established climate investment targets by the end of the previous year. Notable funds with commitments include the California Public Employees' Retirement System, New York City's pension funds, and the New York State Common Retirement Fund, among others. The report highlights a significant divide in perspectives on climate-related investing, with some states opposing such strategies while others advocate for their necessity in managing financial risks associated with climate change. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/01, pN.PAG
  • Document Type:Article
  • Subject Area:Environmental Sciences
  • Publication Date:2026
  • Accession Number:191075741
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