The Culprits
With more than $46 trillion in assets worldwide, pension funds are among the largest institutional investors in fossil fuels. By financing fossil fuel companies, they enable these companies to continue to produce and burn more fossil fuels, driving up global greenhouse gas emissions at the very time when we need to be doing the exact opposite - urgently and rapidly decreasing emissions.
Pension funds must take climate protection seriously for their own financial well-being and for the well-being of their members. The fastest way for pensions to address climate change is to divest from their fossil fuel holdings and invest in just and equitable climate solutions
