US - Stringent regulations forcing companies to disclose the financial, economic and material risks of climate change are urgently needed, according to the Californian Public Employees' Retirement System (CalPERS).
In written testimony to the Senate Banking Subcommittee on Securities, Insurance and Investment, CalPERS stated “environmental issues can affect the performance of investment portfolios”. The US$2...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
