New York state pension fund to review fossil fuel investments
... for its investment portfolio by 2040. We want our companies to succeed and want them to be around. We are just deeply concerned that companies with the greatest exposure to transition risk are at risk of not making that transition successful, said Liz Gordon , executive director of corporate governance for the fund. New York Common Retirement Fund restricted investment in six Canadian oil sands companies, including Exxon 's Imperial Oil Ltd and New York Natural Resources.
Updated: 08/12/2021
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