Industry News: ESG

Comptroller Stringer and Trustees Announce Successful $3 Billion Divestment from Fossil Fuels

Written by ESG | 23-Dec-2021 9:19:14 PM

2021-12-22

Comptroller: Comptroller Scott M. Stringer and trustees of the New York City Employees’ Retirement System (NYCERS) and the New York City Board of Education Retirement System (BERS) announced the successful divestment of securities related to fossil fuel companies, bringing the total divestment across all funds to an estimated $3 billion.

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