John — When it comes to New York City’s public pension funds, climate risk is financial risk.
As the custodian of one of the largest public pension funds in the United States, Brad is calling on big banks to do their part to protect our planet.
We’ll explain more in just a moment, but before we do, will you pitch in to help Brad stand up to big banks and ensure a safe and secure future for New Yorkers?
Despite all their talk about reaching net zero emissions, big banks have made little progress in transitioning their investments from fossil fuels to renewable energy.
That’s why, earlier this year, Brad and the Office of the NYC Comptroller filed resolutions on behalf of NYC pension funds calling for banks to increase transparency and disclose how much they are funding fossil fuels versus clean energy.
Brad is a custodian for the retirement security of the City’s 800,000 current and retired public sector workers who rely on NYC’s pension funds to retire with dignity and respect — so Brad takes his fiduciary duty very seriously.
Just recently, he reached agreements with JPMorgan Chase, Citi, and Royal Bank of Canada (three of the biggest banks in all of North America), all of which committed to disclose and report their energy-supply financing.
Now, Brad is continuing to call on other big banks like Bank of America, Goldman Sachs, and Morgan Stanley to do the same.
The climate crisis will not wait for us to get our act together. These banks must act now to make progress towards their promises of reaching net zero.
If you support Brad’s work to confront the climate crisis head-on by holding the biggest banks accountable, please make a donation of any amount today:
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Thanks,
Team Lander