pensions and retirement plans
On Wall St., ‘socially responsible’ is common sense. In Congress, it’s political
Lawmakers are trying to restrict the investment choices in workplace retirement plans, but big fund managers are trying to give shareholders a voice.
Conservatives attack companies for being too 'woke' on climate
Conservatives in the U.S. have targeted firms for their environmental policies, but many companies are standing their ground.
Newsletter
www.nytimes.com
Opinion | A Sneaky Form of Climate Obstruction Hurts Pension Funds - The New York Times
Some state officials are putting their political views before the best interests of the firefighters and teachers they serve.
www.nytimes.com
How Republicans are ‘weaponizing’ public office against climate action
A Times investigation revealed a coordinated effort by state treasurers to use government muscle and public funds to punish companies trying to reduce greenhouse gases.
Newsletter
West Virginia punishes banks that it says don’t support coal
The move to exclude financial institutions from state business is part of a growing effort by Republican officials to shut out companies that are backing away from fossil fuels.
How an organized Republican effort punishes companies for climate action
Legislators and their allies are running an aggressive campaign that uses public money and the law to pressure businesses they say are pushing “woke” causes.
www.nytimes.com
New York’s $226 billion pension fund is dropping fossil fuel stocks
The fund will divest from many fossil fuels in the next five years and sell its shares in other companies that contribute to global warming by 2040.
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