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Pension Fund Leaders, CEOs and Wall Street Investment Managers to Discuss Climate Risks and Opportunities at UN Summit May 10
Jan 27, 2011
Hundreds of institutional investors from around the world, Wall Street leaders, and state treasurers will be meeting Tuesday, May 10, at the United Nations in New York City to discuss how to address the financial risks and realize the opportunities from global climate change.
Investors Call On Power Sector And Wall Street To Focus Attention On Financial Risks From Climate Change
Jan 27, 2011
Citing a new Ceres report about the financial risks electric power companies face from climate change, leading U.S. institutional investors today called on the country's 50 largest investor-owned greenhouse gas emitters in the electric power industry to report within a year how future greenhouse gas limits will affect their financial bottom lines and steps they are taking to reduce those financial impacts and improve their competitive positioning. The investors will be mailing letters to the CEOs of the 50 companies on this issue later this month. (See company list below.)