On January 23rd, Sierra Club, Stand.earth and Stop the Money Pipeline are releasing a major new report: The Hidden Risk in State Pensions: analyzing state pensions responses to the climate crisis.
You are hereby invited to join us for a very special pre-launch report briefing. The Hidden Risk in State Pensions: Report & Campaign Briefing will be on Thursday, January 11th at 3PT/6ET.
RSVP for the Report & Campaign briefing by completing this form.
This call is designed for people interested in campaigning on their state pension. On the call, we will preview the findings of the Hidden Risk in State Pensions report; provide you with the tools and support you need to push your state pension to update its proxy voting guidelines; and answer any questions about our data and research; or about how you can effectively push your state pension to do better on climate
About the Hidden Risk in State Pensions: Public pensions control about $4 trillion in assets and are the longest term investors in the world. Each year during AGM Season, pensions use that money to cast votes on climate- and fossil fuel-related shareholder resolutions and corporate director elections. Unfortunately, far too many public pensions, even in progressive cities and states, are regularly voting against climate action. This includes opposing climate action at many banks, insurance companies and asset managers.
A first-of-its-kind report, the Hidden Risk analyzes the proxy voting records and proxy voting guidelines of the 19 public pensions that are in states where state financial officers are members of For the Long Term, a network of state financial officers that is dedicated to using their leverage to create more “sustainable, just, and inclusive” economy.
Our analysis finds that no public pension in the country is doing enough to tackle the climate crisis and reduce the climate risk in its portfolio. And many states, including Colorado, Washington, Maine, Oregon, Minnesota, and more, are doing nowhere near enough.
Join us on Thursday, January 11th, to dig into our findings―and what you can do to push your pension to do better.
We’re looking forward to seeing you!
Alec, STMP; Amy, Stand; and Allie & Jessye, Sierra Club