The Largest U.S. Pension Fund Just Rolled Out A Climate Transition Plan Focused On Risk And Opportunity
Written by Black Hot Fire Network on December 4, 2023
There are times when an established company, an investor, a startup makes a move that is so strategic—so in tune with the risks and the opportunities of the moment—that it marks the shift between the market’s past and its future.
We recently witnessed that moment.
In a bold step tailored to meet the existential challenges and colossal financial risks of a warming climate and harness the massive opportunities of the shift to a new clean economy, California Public Employees' Retirement System (CalPERS), the largest public pension fund in the U.S. managing . . .
