Claudia Guest

This first report by the California Public Employees’ Retirement System (CalPERS) responds to the recommendations of the Taskforce on Climate-Related Financial Disclosure (TCFD).

For the economic recovery from the COVID-19 crisis to be durable and resilient, a return to ‘business as usual’ and environmentally destructive investment patterns and activities must be avoided.

The COVID-19 crisis is likely to have dramatic consequences for progress on climate change. Imminent fiscal recovery packages could entrench or partly displace the current fossil-fuel-intensive economic system.

Click here read SIX Magazine's edition: So you think sustainable investing is easy? Think again.