Sierra Club Commends NYC Pensions for Climate Progress, Urges Stronger Implementation
The Sierra Club has praised New York City Comptroller Mark Levine and the trustees of three of NYC's public pension systems for their recent climate reports, which demonstrate progress toward achieving net-zero emissions by 2040. The reports from NYCERS, TRS, and BERS highlight the pension systems' leadership in addressing climate-related financial risks through emissions-reduction targets, climate-solutions investments, and engagement with high-emitting companies. Jessye Waxman, Campaign Advisor on Sierra Club’s Sustainable Finance campaign, emphasized the importance of strengthening climate-solutions investments to ensure real-economy emissions reductions. The reports also stress the need for continued engagement with high-emitting sectors, such as utilities, to ensure credible transition plans. 
