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Pension funds in Canada are behind on addressing climate-induced financial risks, according to a report

Pension funds in Canada are behind on addressing climate-induced financial risks, according to a report

A new report criticizes Canadian pension funds for inadequate responses to the financial risks posed by climate change, demanding more proactive measures.

Taylor Noakes reports for DeSmog.

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australia pension climate politics
Photo by Eric Prouzet on Unsplash

Australian pension fund settles landmark climate lawsuit

One of Australia's largest pension funds on Monday agreed to settle a landmark climate risk litigation filed by a 25-year-old member who alleged it was failing to protect his retirement savings against climate change.
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New York considers coal divestment from pension funds
www.wshu.org

New York considers coal divestment from pension funds

New York Comptroller Thomas DiNapoli will review 27 thermal coal mining companies to see if the state should divest its pension fund from businesses that contribute to climate change.

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A 24-year-old is suing pension fund for not being green enough
www.bloomberg.com

A 24-year-old is suing pension fund for not being green enough

Mark McVeigh, a 24-year-old environmental scientist from Australia is suing his A$57 billion ($39 billion) pension fund for not adequately disclosing or assessing the impact of climate change on its investments.

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