Fossil fuel investments are a fiduciary risk
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Fossil fuel investments are reportedly posing a fiduciary risk, with some pension funds taking steps to mitigate climate risk by trimming their holdings. However, others are facing criticism and legal challenges for their continued support of fossil fuel expansion. The approach to managing climate risk varies among pension funds, with some leaders emerging while others face opposition from beneficiaries.
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