Will this one hurt your company…..or will it be the next one?
As part of its Net Zero pledge, CalPERS has doubled its commitment (from $47b to $100b) to investments in companies with progressive carbon emissions plans. CalPERS will exit its investment in companies that do not have a credible (ie, certified/verified/progressive) net zero plan - “We believe in engaging with these companies,” said Peter Cashion, CalPERS’ [...]