New York pension fund holds off on cutting ties with asset managers over climate commitment

Published 23:27 on December 19, 2025 / Last updated at 23:27 on December 19, 2025 / / Americas (US & Canada), Net Zero Transition (Investment, Reporting & Disclosure)

Carbon Pulse PremiumNet Zero Pulse

New York City’s municipal public employee retirement fund earlier this week rejected the comptroller's recommendation to cut ties with multiple asset management companies over their alleged retreat from climate efforts, drawing criticism from the outgoing official.
New York City’s municipal public employee retirement fund earlier this week rejected the comptroller's recommendation to cut ties with multiple asset management companies over their alleged retreat from climate efforts, drawing criticism from the outgoing official.


A subscription is required to read this content. Subscribe today to Carbon Pulse Premium or Net Zero Pulse to access our unrivalled news and intelligence, as well as other content including all job listings. Click here for details.

We offer a FREE TRIAL to each of our subscription services and it only takes a minute to register. If you already have a Carbon Pulse account, login here.

This page is intended to be viewed online and may not be printed.
As per our terms and conditions, the republication or redistribution of Carbon Pulse content can result in the suspension or termination of your subscription.