MD State Pension Fund: Carbon Exposure and Sustainability Analysis

Maryland has sacrificed millions of dollars in potential returns by investing in fossil fuel companies responsible for the climate crisis, according to a recent report analyzing the Maryland State Retirement and Pension System (SRPS). The SRPS has sacrificed returns of more than 15 percentage points since 2010 in the public equities portion of the fund by buying and holding dirty energy stocks.

The report — published by researchers at FFI Solutions — examines Maryland’s holdings in the Carbon Underground 200 (CU200). The CU200 identifies the top 100 coal and top 100 oil and gas publicly-traded reserve holders globally ranked by the potential carbon emissions content of their reported reserves.

View the press release here.

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