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70bet Pension Funds Push Forward on Climate Goals Despite Backlash

2025-03-30 03:36    tempo visitado:181

In the past few months, some of the largest banks and asset managers in the United States have quit net zero networks70bet, the climate groups that encourage their members to set ambitious carbon reduction targets and collaborate internationally on sustainability efforts.

But the week after Donald J. Trump won re-election in November, NYCERS, a pension fund for New York City employees, went in the opposite direction. It joined a United Nations-affiliated climate action group for long-term investors, the Net Zero Asset Owner Alliance.

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The timing wasn’t intentional, said Brad Lander, the comptroller who oversees the city’s finances, including the pension fund, and is now running for mayor. But, he added, “we were pleased that the timing sent an important signal.”

United States Magistrate Judge Ryon M. McCabe, of the Federal District Court in West Palm Beach, Fla., granted the government’s request on Monday to keep the suspect, Ryan W. Routh, in jail without bond. So far, Mr. Routh has been charged with unlawful possession of a firearm as a felon,betef which carries a penalty of up to 15 years in prison, and with possession of a firearm with an obliterated serial number.

Mr. Williams, found guilty of murder 21 years ago, has been fighting his conviction for decades, and this year he won the support of the prosecutor’s office that brought the original case. But the state attorney general maintained that Mr. Williams, now 55, was guilty, and the legal battle between the state and the county has been playing out for months in Missouri’s courts.

“It is far more important than it was for pension funds and other big asset owners to take collective action at this moment,” Mr. Lander said.

At a time of growing backlash to environmental, social and governance goals and investment strategies, pension funds, particularly in blue states and Europe, have emerged as a bulwark against efforts to sideline climate-related risks.

The funds, which sit at the top of the investment chain, have stepped up engagement with asset managers and companies on climate goals and have kept public commitments to use their fiscal might to reduce carbon emissions. In some cases, that has meant shifting to European asset managers, which have not backed off on climate commitments as much as their American counterparts have.

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