Help us improve in just 2 minutes—share your thoughts in our reader survey.
Climate Action 100+
What is the relationship between Climate Action 100+ and public pension plans? At least 49 states use at least one asset management company (AMC) that is a signatory of Climate Action 100+. States use an average of 11 of these AMCs. State pension plans invest with 107 of the AMCs of the 391 Climate Action 100+ signatories, as of July 2024.[1] |
Climate Action 100+ | |
Basic facts | |
Type: | Initiative |
Founder(s): | Asia Investor Group on Climate Change, Ceres, Investor Group on Climate Change, Institutional Investors Group on Climate Change, and Principles for Responsible Investment |
Year founded: | 2017 |
Website: | Official website |
Climate Action 100+ is an international initiative of asset managers (AMCs) and asset owners that, according to its website, seeks "to ensure the world’s largest corporate greenhouse gas emitters take necessary action on climate change." The initiative had over 600 investor signatories, including 338 asset managers as of April 2025.[2] From April 2024 through April 2025, 90 AMCs left Climate Action 100+, and 78 joined.[1]
Climate Action 100+ signatories commit to using environmental, social, and corporate governance (ESG) investing approaches to influence high-emission companies to reduce their carbon output. ESG refers to an investment or corporate governance approach that involves considering the extent to which corporations conform to certain standards related to environmental, social, and corporate governance issues (such as net carbon emission goals) and making business and investment decisions that promote those standards.[2]
- List of Climate Action 100+ signatories
- List of pension plans using Climate Action 100+ signatories
- AMCs added to and removed from Climate Action 100+ signatory list
To see which state public pension plans are partnering with Climate Action 100+, click here.
There are other climate-related initiatives, including Net Zero Asset Managers Initiative.
Mission
Climate Action 100+ has the following three goals according to its website:[3]
|
Background
Environmental, social, and corporate governance |
---|
• What is ESG? • Enacted ESG legislation • Arguments for and against ESG • Opposition to ESG • Federal ESG rules • ESG legislation tracker • Economy and Society: Ballotpedia's weekly ESG newsletter |
Climate Action 100+ was established in 2017 to align signatory investment decisions with the goal of achieving net zero greenhouse gas emissions by 2050. There were over 600 signatories in Climate Action 100+ who committed to transitioning their investment portfolios to net-zero greenhouse gas emissions as of April 2025. Of the signatories, 394 asset managers were investor participants who committed to using their stock holdings and capital to influence 170 focus companies to reduce their emissions and incorporate ESG goals into their businesses. The 170 focus companies were worth $10.3 trillion and were considered "key to driving the global net zero emissions transition," according to the Climate Action 100+ website.[3][5] To see a full list of the focus companies, click here.
Initially, the initiative was set to run for five years and end in 2022. In 2022, Climate Action 100+ announced a Phase 2 initiative that it said would run until 2030 and aim at "markedly shifting the focus from corporate climate-related disclosure to the implementation of climate transition plans."[2][6]
Leadership
Five investor networks govern Climate Action 100+. The networks as of February 2024 are listed below:[2]
- Asia Investment Group on Climate Change
- Ceres
- The Institutional Investors Group on Climate Change (IIGCC)
- Investor Group on Climate Change
- Principles for Responsible Investment (PRI)
A Steering Committee oversees the management of Climate Action 100+. The Steering Committee comprises 15 investor representatives whom the investor networks appoint:[2]
- Richard Proudlove, Asia Investor Group on Climate Change
- Flora Wang, Fidelity International
- Mindy Lubber, Ceres
- Peter Cashion, California Public Employees' Retirement System
- Rebecca Mikula-Wright, Asia Investor Group on Climate Change
- Andrew Gray, Australiansuper
- Stephanie Pfeifer, Institutional Investors Group on Climate Change
- Stephanie Maier, GAM Investments
- Tamsin Ballard, Principles for Responsible Investment
- François Humbert, Generali Insurance Asset Management (Generali Group)
- Anne Simpson, Franklin Templeton
- Valeria Piani, Phoenix Group
- Jane Karen Ho, BNP Paribas Asset Management
- Alison Ewings, QIC
- Alejandro Bujanos, Afore Sura
Responses
The following sections provide a selection of responses to the Climate Action 100+.
Support for Climate Action 100+
Cyrus Taraporevala, the then-president and CEO of State Street Global Advisors, announced his support for the Climate Action 100+ initiative in a 2020 news release. Taraporevala argued the coalition promoted greater risk transparency and climate sustainability.[7]
|
Mindy Lubber, the president and CEO of Ceres, announced her support for Climate Action 100+ in a 2020 news release. Lubber argued the coalition would help accelerate the economic transition to net-zero carbon emissions, which she claimed was necessary for an environmentally safe future.[8]
|
Opposition to Climate Action 100+
Texas Attorney General Ken Paxton (R) and 18 other state attorneys general sent a letter on August 4, 2022, to BlackRock, the largest asset manager in the world, opposing the firm's commitments to net-zero alliances including Climate Action 100+. The letter argued that BlackRock's involvement with the coalition was political and prevented the firm from focusing on financial returns, as required under state laws.[9]
|
Tom Gosling, an executive fellow of finance at the London Business School, argued in a 2023 article for Forbes that the net zero commitments made by asset managers will not achieve the impacts they outline and that there is a need for transparency about those limitations:[10]
|
Noteworthy events
Franklin Templeton exits Climate Action 100+ (2024)
Franklin Templeton announced in December 2024 that the company had left Climate Action 100+, continuing the trend of large American companies leaving financial climate initiatives this year. Banks and other financial firms faced pressure in 2024 from elected officials over their participation in climate agreements, with some attorneys general alleging participation could violate anti-trust laws.[11]
Goldman Sachs' Fund Division exits Climate Action 100+ (2024)
Goldman Sachs' Fund Division announced their departure from the Climate Action 100+ in August 2024. This withdrawal followed letters from Republican leaders in the United States House of Representatives Committee on Judiciary on July 30, 2024 to 130 Climate Action 100+ members requesting them to clarify their ESG goals.
Aristotle Credit, Aristotle Pacific Capital, Mellon Investment Corp, TCW Group, Vert Asset Management, and Water Asset Management also left Climate Action 100+ after receiving letters from the House Judiciary Committee.[12]
AllianceBernstein, Allspring Global Investments leave Climate Action 100+ (2024)
AllianceBernstein and Allspring Global Investments withdrew from Climate Action 100+ in May 2024. AllianceBernstein made no announcement following its departure and Allspring Global Investments stated that "we will continue to engage independently and effectively with relevant companies on their climate transition journey.”[13] These departures follow that of Invesco, JPMorgan, Pimco, and State Street earlier this year.
Allspring Global Investments also left the Net Zero Asset Managers Initiative, but AllianceBernstein is still listed on the NZAM website.
J.P. Morgan, State Street withdraw from Climate Action 100+ (2024)
J.P. Morgan Chase and State Street Global Advisors—two of the largest asset managers in the world—withdrew on February 15, 2024, from Climate Action 100+. BlackRock, the largest asset manager in the world, announced it would reduce its involvement in the initiative, leaving only BlackRock International committed to the coalition and pulling about $6.6 trillion in American funds. The three companies in total removed about $14 trillion in funds from the initiative.[14]
A State Street spokesperson said the commitments required under the initiative reduced the company's ability to act independently. BlackRock said its Climate Action 100+ commitments raised potential legal problems under the laws of U.S. jurisdictions.[14]
Climate Action 100+ announces second phase of initiative scheduled to run to 2030 (2022)
On June 8, 2022, Climate Action 100+ announced a Phase 2 initiative that it said would run until 2023 and aim at "markedly shifting the focus from corporate climate-related disclosure to the implementation of climate transition plans." In a press release, Climate Action 100+ said:[6]
“ | Building on the demonstrable success of the initiative’s first five years, including an increase from only five Climate Action 100+ focus companies at outset to 75% of them now committing to net zero, the next seven years mark a further evolution that intends to support a global scale up in active ownership. The new phase shifts focus from corporate climate-related disclosure to the implementation of corporate climate transition plans, to create long-term shareholder value in this critical decade of climate action.[4] | ” |
List of Climate Action 100+ signatories
Climate Action 100+ had over 600 signatories, including 338 asset manager signatories as of April 2025. 351 of those asset managers were listed as investor participants "responsible for direct engagements with focus companies," according to the Climate Action 100+ website.[15]
The 338 asset manager signatories are listed below:[15]
- 27four Investment Managers
- ABN AMRO
- abrdn
- Acadian Asset Management (UK) Limited
- Achmea Investment Management
- Addenda Capital
- Afore XXI Banorte
- AGF INVESTMENTS INC
- AIM BV/AAM UK Ltd
- Aktia Bank
- Ålandsbanken
- Alberta Investment Management Corporation
- All Weather Capital
- ALLIANZ GLOBAL INVESTORS
- Alphinity Investment Management
- Amiral Gestion
- AMP Ltd
- Amplegest
- Amundi
- ANDA Asset Management Co., Ltd.
- APG Asset Management
- Apostle Funds Management
- Arabesque
- Arjuna Capital
- Artemis Investment Management LLP
- Ashmore Group plc
- Asset Management One
- ATLAS Infrastructure
- Atlas Responsible Investors
- Ausbil Investment Management Limited
- Australian Ethical Investment
- Aviva Investors
- AXA IM
- Axiom Investors
- Baldwin Brothers LLC
- Baloise Asset Management AG
- BancoPosta Fondi SGR
- Bank J. Safra Sarasin
- Bank Julius Baer & Co. Ltd.
- BankInvest
- Banque Cantonale Vaudoise
- Banque Hottinguer
- Basellandschaftliche Kantonalbank
- BB Asset Management
- BDL Capital Management
- BEA Union Investment Management Limited
- Benguela Global Fund Managers
- Berkeley Capital Group (BCG)
- Beutel Goodman
- Bin Yuan Capital
- BlackRock International
- BMO Global Asset Management
- BNP Paribas Asset Management
- Booster Investment Management Limited
- Boston Trust Walden
- BPI Gestao de Activos
- Bradesco Asset Management S.A.
- Brawn Capital
- British Columbia Investment Management Corporation
- Brown Advisory
- BT Funds Management NZ (BTNZ)
- C WorldWide Asset Management
- Caixa Gestão de Ativos/CGD Pensões
- CaixaBank Asset Management SGIIC, S.A.U.
- Caja Ingenieros Gestión, SGIIC
- Canada Life Asset Management
- Candriam
- Cardano
- Carmignac
- Cathay Securities Investment Trust
- Central Finance Board of the Methodist Church
- CFM SA
- Charles Stanley
- Cheyne Capital
- China Asset Management
- China Merchants Fund Management Co., Ltd.
- China Southern Asset Management
- China Universal Asset Management Company Limited
- Christian Brothers Investment Services
- Columbia Threadneedle Investments
- Comgest
- Coronation Fund Managers
- Coutts
- Covalis Capital LP
- CQS
- Daiwa Asset Management Co. Ltd.
- Dana Investment Advisors
- Danske Bank
- de Pury Pictet Turrettini & Cie
- Degroof Petercam Asset Management (DPAM)
- Desjardins Global Asset Management
- Devon Funds Management Limited
- Didner & Gerge Fonder AB
- DNB Asset Management
- DNCA Finance
- Dorval Asset Management
- Downing LLP
- DSP Asset Managers
- DWS Investment GmbH
- E Fund Management Co., Ltd.
- East Capital Group
- Eastspring Investments Group Private Limited
- Ecofi
- Ecofin
- ECube Investment Advisors PVT LTD
- EdenTree Investment Management
- EFG Asset Management
- ELEVA Capital
- Ellerston Capital
- EQ Investors
- Erste Asset Management GmbH
- ESG Portfolio Management
- Eurizon Capital SGR S.p.A
- Evelyn Partners Group Limited
- Evenlode Investments
- Evli Plc
- Fasanara Capital Ltd
- Federal Finance Gestion
- Federated Hermes Limited
- Fideas Capital
- Fidelity International
- Fideuram Asset Management Ireland DAC
- FIDEURAM Intesa Sanpaolo Private Banking Asset Management SGR S.p.A.
- Fiera Capital Corporation
- Fineco Asset Management
- Finreon
- First Sentier Investors
- Fisch AM
- Fisher Investments Europe Ltd.
- FountainCap Research and Investment
- Fubon Asset Management
- Fukoku Capital Management, Inc
- Fulcrum Asset Management
- Fullerton Fund Management Co., Ltd
- GAM Investments
- Generali Insurance Asset Management
- Generation Investment Management LLP
- Genus Capital Management
- Global Delta Capital
- Global Systematic Investors LLP
- Global X ETFs
- Globalance Bank Ltd.
- GMO LLC
- Graubündner Kantonalbank
- Great Lake Advisors
- Groupama AM
- Grupo Bancolombia
- Guardian Capital LP
- Guinness Global Investors
- Handelsbanken
- Hargreaves Lansdown
- Harvest Fund Management
- HDFC Asset Management Company
- HSBC Asset Management
- Hwabao WP Fund
- iA Global Asset Management
- Ibercaja Gestión
- IFM Investors
- IMCO - Investment Management Corporation of Ontario
- Impax Asset Management LLC
- Indep'am
- Indie Capital
- Insight Investment
- Investec Wealth and Investment
- Irish Life Investment Managers
- IVO Capital Partners
- Janus Henderson Investors
- Jarislowsky Fraser Limited
- JGP
- Jupiter Asset Management Limited
- Jyske Bank
- Karner Blue Capital
- KBC Asset Management
- KBI Global Investors
- KLP
- Kotak Mahindra Asset Management Company
- La Financiere de l'Echiquier
- La Francaise Asset Management
- Lannebo Kapitalförvaltning
- Larrainvial Asset Management
- Lazard Asset Management
- LBBW Asset Management Investmentgesellschaft mbH
- LBPAM
- Legal & General Investment Management
- LGT Capital Partners
- LGT Private Banking
- Local Pensions Partnership Investments (LPPI)
- LocalTapiola Asset Management Ltd
- Lombard Odier Investment Managers
- Los Angeles Capital Management
- Luzerner Kantonalbank
- Lyrical Asset Management LP
- M&G Investments
- Mackenzie Investments
- Macquarie Asset Management
- Man Group
- Mandarine Gestion
- Manulife Investment Management
- Maple-Brown Abbott
- March Asset Management
- Marshall Wace
- Marsham Investment Management
- Martin Currie
- MEAG Munich Ergo Asset Management GmbH
- MEAG Munich Ergo Kapitalanlagegesellschaft mbH
- Milford Asset Management
- Miller/Howard Investments, Inc.
- Mint Asset Management
- Mirabaud Asset Management
- Mirae Asset Global Investments
- Mirova
- MN
- Montpensier Finance
- Montrusco Bolton Investments Inc.
- Morphic Asset Management
- MPC Capital GmbH
- MUFG Asset Management
- NEI Investments
- Neuberger Berman
- New Alternatives Fund
- Newton Investment Management
- Nikko Asset Management Co. Ltd.
- Ninety One
- Nissay Asset Management Corportion
- Nomura Asset Management Co., Ltd.
- Nordea Asset Management
- Norinchukin Zenkyoren Asset Management
- NS Partners Ltd
- Nykredit, Including Sparinvest
- ODDO BHF Asset Management
- OFI ASSET MANAGEMENT
- Old Mutual Investment Group
- Oldfield Partners LLP
- OLZ AG
- OP Wealth Management
- Osmosis Investment Management
- Ostrum AM
- Paradice Investment Management
- Pathfinder Asset Management
- Pella Funds Management
- Pendal Group
- Perennial Partners
- Perpetua Investment Managers
- PGGM Investments
- Pictet Asset Management
- Pictet Group
- Plato Investment Management Limited
- Platypus Asset Management
- Polar Capital
- Polunin Capital Partners
- Polymer Capital Management
- Praxis Mutual Funds
- Premier Miton Investors
- Pyrford International Ltd
- QIC Limited
- Quaestio Capital SGR Spa
- Quilter Cheviot
- Quintet Private Bank (Europe) S.A.
- Quoniam Asset Management GmbH
- Raiffeisen Capital Management
- RAM Active Investments SA
- Rathbones Group
- RBC Brewin Dolphin
- RBC Global Asset Management (RBC GAM)
- Redwheel
- Redwood Grove Capital
- Resona Asset Management Co., Ltd.
- Reynders, McVeigh Capital Management
- Richmond Global Compass
- River Global
- Riverwater Partners
- Robeco
- Rothschild & Co Asset Management Europe
- Rothschild & Co Wealth Management UK
- Royal London Asset Management
- Ruffer LLP
- S-Bank Plc
- Sage Advisory
- Sanders Capital
- Sanlam Investments
- Santander Asset Management
- Sarasin & Partners LLP
- SBI Funds Management Pvt Ltd
- Schroders
- SDG Invest
- SEB Investment Management
- SG 29 Haussmann
- SG Hiscock & Company Limited
- Sienna Investment Managers
- Société Générale Private Wealth Management
- Solaris Investment Management
- Sompo Asset Management Co., Ltd.
- Southeastern Asset Management
- Sp-Fund Management Company Ltd
- Spheria Asset Management
- Stance Capital
- STANLIB Limited
- Stone Harbor Investment Partners
- Sumitomo Mitsui DS Asset Management Company, Limited
- Sumitomo Mitsui Trust Asset Management
- Sustainable Insight Capital Management
- Swedbank Robur
- Swell Asset Management
- Swiss Life Asset Managers
- Swisscanto Invest by Zurcher Kantonalbank
- Sycomore
- T&D Asset Management Co., Ltd
- Tabula Investment Management
- Taikang Asset Management (Hong Kong) Company Limited
- TCI Fund Management Ltd
- TD Asset Management
- Terra Alpha Investments
- The Sustainability Group of Loring, Wolcott & Coolidge
- Triasima
- Trillium Asset Management
- Triple Eight Capital
- Troy Asset Management
- Trusteam Finance
- TT International Asset Management Ltd
- Tundra Fonder
- U Ethical Investors
- UBS Asset Management
- UBS La Maison de Gestion
- Unigestion
- Union Investment
- UTI Asset Management Company
- Van Lanschot Kempen
- Vancity Investment Management Ltd.
- VEGA Investment Managers
- VinaCapital
- Vinva Investment Management Limited
- WaveCrest Wealth Management
- Waverton Investment Management
- WaveStone Capital
- WHEB Asset Management
- Yinhua Fund Management Co., Ltd.
- zCapital
- Zevin Asset Management
Climate Action 100+ in state public pension plans
To see which state public pension plans are partnering with Climate Action 100+, click on the specific pension plan and then scroll down to the "Assets and asset management" section. These public pension pages are under construction and more pages are being added as of July 2024. Since April 2024, 90 AMCs have left Climate Action 100+ and 78 have joined.[1]
- Alabama Employees' Retirement System
- Alabama Judicial Retirement Fund
- Alabama Public Education Employees' Health Insurance Plan
- Alabama RSA-1 Deferred Compensation Plan
- Alabama Teachers' Retirement System
- Alaska Elected Public Officials Retirement System
- Alaska Judicial Retirement System
- Alaska National Guard and Naval Militia Retirement System
- Alaska Public Employees' Retirement System Tiers I, II, III
- Alaska Teachers' Retirement System Tiers I and II
- Arizona Correctional Officer Retirement Plan
- Arizona Elected Officials Retirement Plan
- Arizona Public Safety Personnel Retirement System
- Arizona State Retirement System
- Arkansas Judicial Retirement System
- Arkansas Local Police and Fire Retirement System
- Arkansas Public Employees Retirement System
- Arkansas State Highway Employees' Retirement System Fund
- Arkansas State Police Retirement Fund
- Arkansas Teacher Retirement System
- Berkshire County Retirement System
- California Cash Balance Benefit Program
- California Defined Benefit Program
- California Defined Benefit Supplement Program
- California Employers' Pension Prefunding Trust Fund
- California Employers' Retiree Benefit Trust Fund
- California Judges' Retirement Fund
- California Judges' Retirement Fund II
- California Public Employees' Retirement System
- California State Teachers Retirement System
- Chicago Teachers' Pension Fund
- Colorado Denver Public Schools Division Pensions
- Colorado Judicial Division Pension
- Colorado Local Government Division Pension
- Colorado Public Employees Retirement Association
- Colorado School Division Pension
- Colorado Springs New Hire Pension Plan
- Colorado State Division Pension
- Colorado Statewide Death and Disability Plan
- Colorado Statewide Defined Benefit Plan
- Colorado Statewide Hybrid Plan
- Colorado Statewide Money Purchase Plan
- Connecticut Judges, Family Support Magistrates, and Compensation Commissioners Retirement System
- Connecticut Municipal Employees Retirement System - Fund B
- Connecticut Police Officers and Firefighters Survivors’ Benefit Fund
- Connecticut Probate Judges and Employees Retirement Fund
- Connecticut State Employees Retirement Fund
- Connecticut Teachers Retirement Board
- Delaware Closed State Police Plan
- Delaware County and Municipal Plan - General
- Delaware County and Municipal Police and Fire Plan
- Delaware Diamond State Port Corp Plan
- Delaware New State Police Pension Plan
- Delaware Revised Judicial Plan
- Delaware State Employees' Pension Plan
- Delaware Volunteer Firemen Pension Fund
- Educational Retirement Board of New Mexico
- Employees Retirement System of Georgia
- Employees Retirement System of Texas
- Employees' Retirement System of Rhode Island
- Essex Regional Retirement System
- Fire and Police Pension Association of Colorado
- Firefighters' Retirement System of Louisiana
- Florida Retirement System Pension Plan
- Franklin Regional Retirement System
- Georgia Firefighters’ Pension Fund
- Georgia Judges of the Probate Courts Retirement Fund
- Georgia Judicial Retirement System
- Georgia Legislative Retirement System
- Georgia Military Pension Fund
- Georgia Peace Officers' Annuity and Benefit Fund
- Georgia Sheriffs' Retirement Fund
- Georgia State Employees’ Pension and Savings Plan
- Georgia Superior Court Clerks' Retirement Fund
- Georgia Teachers’ Retirement System
- Hampden County Regional Retirement System
- Hampshire County Retirement System
- Idaho Firefighters' Retirement Fund
- Idaho Judges' Retirement Fund
- Illinois General Assembly Retirement System
- Illinois Judges' Retirement System
- Illinois State Employees' Retirement System
- Illinois State Universities Retirement System
- Indiana Excise, Gaming and Conservation Officers' Retirement Fund
- Indiana Judges' Retirement System
- Indiana Legislators' Retirement System
- Indiana Police and Firefighters' Pension Fund
- Indiana Prosecuting Attorneys' Retirement Fund
- Indiana Public Employees' Retirement Fund
- Indiana State Police Benefit Fund
- Indiana Teachers' Retirement Fund
- Indiana Teachers’ Retirement Fund (TRF) Pre-'96
- Iowa Judicial Retirement System
- Iowa Municipal Fire and Police Retirement System
- Iowa Peace Officer Retirement Plan
- Iowa Public Employees Retirement System
- Judicial Retirement System of Nevada
- Kansas Police and Firemen's Retirement System
- Kansas Public Employee Retirement System
- Kansas Retirement System for Judges
- Kentucky County Employees Retirement System
- Kentucky Employees Retirement System
- Kentucky Judicial Retirement Plan
- Kentucky Legislators Retirement Plan
- Kentucky State Police Retirement System
- Law Enforcement and Custodial Officer Supplemental Retirement Fund
- Legislative Division of the Public Employees Retirement Association of New Mexico
- Legislators' Retirement System of Nevada
- Louisiana Assessors' Retirement Fund
- Louisiana Clerks' of Court Retirement and Relief Fund
- Louisiana District Attorneys' Retirement System
- Louisiana Registrar of Voters Employees' Retirement System
- Louisiana School Employees' Retirement System
- Louisiana Sheriffs Pension and Relief Fund
- Louisiana State Employees' Retirement System
- Louisiana State Police Retirement System
- Maine Consolidated Plan for Participating Local Districts
- Maine Judicial Retirement Program
- Maine Legislative Retirement Program
- Maine State Employee and Teacher Retirement Program
- Maryland Employees' Pension System
- Maryland Judges' Retirement System
- Maryland Law Enforcement Officers’ Pension System
- Maryland Local Correctional Officers’ Retirement System
- Maryland State Police Retirement System
- Maryland Teachers' Pension System
- Massachusetts Bay Transportation Authority Retirement Fund
- Massachusetts Housing Finance Agency Employees' Retirement System
- Massachusetts Port Authority Employees’ Retirement System
- Massachusetts State Employees' Retirement System
- Massachusetts Teachers' Retirement System
- Massachusetts Water Resources Authority Employees' Retirement System
- Michigan Legislative Retirement System
- Michigan Municipal Employees Retirement System
- Michigan Public School Employees' Retirement System
- Michigan State Employees’ Retirement System
- Michigan State Judges' Retirement System
- Michigan State Police Retirement System
- Middlesex County Retirement System
- Minnesota Correctional Retirement Fund
- Minnesota General Employees Retirement Fund
- Minnesota Judges Retirement Fund
- Minnesota Legislators Retirement Fund
- Minnesota State Patrol Retirement Fund
- Mississippi Highway Safety Patrol Retirement System
- Mississippi Municipal Retirement Systems
- Mississippi Supplemental Legislative Retirement Plan
- Missouri County Employees' Retirement Fund
- Missouri Higher Education Loan Authority Pension Plan
- Missouri Local Government Employees Retirement System
- Missouri Local Government Employees Retirement System Staff Retirement Plan
- Missouri Public Education Employee Retirement System
- Missouri Public School Retirement System
- Missouri Sheriffs' Retirement System
- Missouri State Employees Retirement System
- Missouri State Employees Retirement System Judicial Plan
- Missouri Transportation Department and Highway Patrol Retirement System
- Montana Firefighters' Unified Retirement System
- Montana Game Wardens' and Peace Officers' Retirement System
- Montana Highway Patrol Officers' Retirement System
- Montana Judges' Retirement System
- Montana Municipal Police Officers' Retirement System
- Montana Public Employee Retirement System
- Montana Sheriffs' Retirement System
- Montana Teachers' Retirement System
- Montana Volunteer Firefighters' Compensation Act
- Municipal Employees' Retirement System of Louisiana
- Nebraska County Retirement System
- Nebraska Judges Retirement Plan
- Nebraska School Retirement System
- Nebraska State Employees' Retirement Plan
- Nebraska State Patrol Retirement Plan
- Nevada Public Employees' Retirement System
- New Hampshire Judicial Retirement Plan
- New Hampshire Retirement System
- New Jersey Judicial Retirement System
- New Jersey Police and Firemen's Retirement System
- New Jersey Prison Officers’ Pension Fund
- New Jersey Public Employees' Retirement System
- New Jersey State Police Retirement System
- New Jersey Teachers' Pension and Annuity Fund
- New Mexico Judicial Retirement Act
- New Mexico Magistrate Retirement Act
- New Mexico Public Employees Retirement Association
- New Mexico Volunteer Firefighter Retirement Act
- New York State and Local Employees' Retirement System
- New York State and Local Police and Fire Retirement System
- New York State and Local Retirement System
- New York State Teachers' Retirement System
- North Carolina Consolidated Judicial Retirement System
- North Carolina Firefighters' and Rescue Squad Workers' Pension Fund
- North Carolina Legislative Retirement System
- North Carolina Local Governmental Employees' Retirement System
- North Carolina National Guard Pension Fund
- North Carolina Register of Deeds' Supplemental Pension Fund
- North Carolina Teachers' and State Employees' Retirement System
- North Dakota Highway Patrol Retirement Plan
- North Dakota Judges Retirement Plan
- North Dakota Public Employees Retirement System
- North Dakota Public Safety Retirement Plan
- North Dakota Teachers Fund For Retirement
- Ohio Highway Patrol Retirement System
- Ohio Police and Fire Pension Fund
- Ohio Public Employees Retirement System Combined Plan
- Ohio Public Employees Retirement System Member-Directed Plan
- Ohio Public Employees Retirement System Traditional Pension Plan
- Ohio School Employees Retirement System
- Ohio State Teachers Retirement System
- Oklahoma Department of Wildlife Conservation Defined Benefit Pension Plan
- Oklahoma Firefighters Pension and Retirement System
- Oklahoma Law Enforcement Retirement System
- Oklahoma Police Pension and Retirement System
- Oklahoma Public Employees Retirement System
- Oklahoma Uniform Retirement System for Justices and Judges
- Oregon Public Employees Retirement System
- Oregon Public Service Retirement Plan
- Parochial Employees' Retirement System of Louisiana
- Pennsylvania Municipal Retirement System
- Pennsylvania Public School Employees' Retirement System
- Pennsylvania State Employees' Retirement System
- Public Employee Retirement System of Idaho
- Public Employees' Retirement System of Mississippi
- Rhode Island Judicial Retirement Benefits Trust
- Rhode Island Municipal Employees' Retirement System
- Rhode Island Public School Teachers Plan
- Rhode Island State Employees Plan
- Rhode Island State Police Retirement Benefits Trust
- South Carolina General Assembly Retirement System
- South Carolina Judges and Solicitors Retirement System
- South Carolina Police Officers Retirement System
- South Carolina Retirement Systems
- South Dakota Retirement System
- State of Hawaii Employees’ Retirement System
- State pension fund asset managers by trifecta status
- Teacher Retirement System of Texas
- Teachers Retirement Association of Minnesota
- Teachers' Retirement System Kentucky
- Teachers' Retirement System of Illinois
- Teachers' Retirement System of Louisiana
- Teachers' Retirement System of Oklahoma
- Tennessee Consolidated Retirement System
- Tennessee State and Higher Education Employee Retirement Plan
- Tennessee Teacher Retirement Plan
- Texas County and District Retirement System
- Texas Emergency Services Retirement System
- Texas Judicial Retirement System Plan Two
- Texas Municipal Retirement System
- University of California Retirement System
- University of Missouri Retire Disability and Death Benefit Plan
- Utah Governors and Legislators Retirement Plan
- Utah Public Employees Noncontributory Retirement System
- Utah Tier 1 Firefighters Retirement System
- Utah Tier 1 Judges' Retirement System
- Utah Tier 1 Public Employees' Contributory Retirement System
- Utah Tier 1 Public Safety Retirement System
- Utah Tier 2 Public Employees Retirement System
- Utah Tier 2 Public Safety and Firefighter Contributory Retirement System
- Vermont Municipal Employees' Retirement System
- Vermont State Employees' Retirement System
- Vermont State Teachers' Retirement System
- Virginia Judicial Retirement System
- Virginia Law Officers' Retirement System
- Virginia Retirement System
- Virginia State Police Officers' Retirement System
- Washington Judges’ Retirement Fund
- Washington Judicial Retirement System
- Washington Law Enforcement Officers' and Firefighters' Retirement System Plan 1
- Washington Law Enforcement Officers' and Firefighters' Retirement System Plan 2
- Washington Public Employees' Retirement System 1
- Washington Public Employees' Retirement System 2
- Washington Public Employees' Retirement System 3
- Washington Public Safety Employees' Retirement System 2
- Washington School Employees' Retirement System
- Washington State Patrol Retirement System Plan 1
- Washington State Patrol Retirement System Plan 2
- Washington Teachers' Retirement System 1
- Washington Teachers' Retirement System 2
- Washington Teachers' Retirement System 3
- West Virginia Deputy Sheriffs' Retirement System
- West Virginia Emergency Medical Services Retirement System
- West Virginia Judges' Retirement System
- West Virginia Municipal Police and Firefighters Retirement System
- West Virginia Public Employees' Retirement System
- West Virginia State Police Death, Disability and Retirement Fund
- West Virginia State Police Retirement System
- West Virginia Teachers' Retirement System
- Wisconsin Retirement System
- Worcester Regional Retirement System
- Wyoming Air Guard Firefighter Pension Plan
- Wyoming Judicial Pension Plan
- Wyoming Law Enforcement Pension Plan
- Wyoming Paid Firefighter Pension Plan A
- Wyoming Paid Firefighter Pension Plan B
- Wyoming Public Employee Pension Plan
- Wyoming State Highway Patrol, Game & Fish Warden, and Criminal Investigator Retirement Plan
- Wyoming Volunteer Firefighter, EMT, and Search and Rescue Pension Plan
AMCs added to and removed from Climate Action 100+ signatory list
The following two lists show AMCs added to and removed from the list of signatories for Climate Action 100+ between December 2023 and October 2024.[2]
AMCs added From December 2023 to October 2024, 73 AMCs joined or rejoined Climate Action 100+ that were previously not listed as signatories:[16][1]
- ABN AMRO
- Addenda Capital
- Afore XXI Banorte
- AIM BV/AAM UK Ltd
- All Weather Capital
- Amiral Gestion
- Aristotle Pacific Capital
- ATLAS Infrastructure
- Atlas Responsible Investors
- Bank Julius Baer & Co. Ltd.
- Banque Cantonale Vaudoise
- Basellandschaftliche Kantonalbank
- BB Asset Management
- BDL Capital Management
- BEA Union Investment Management Limited
- Bradesco Asset Management S.A.
- Caixa Gestão de Ativos
- Cardano
- CFM SA
- Charles Stanley
- China Merchants Fund Management Co., Ltd.
- Covalis Capital LP
- Didner & Gerge Fonder AB
- Downing LLP
- DSP Asset Managers
- EdenTree Investment Management
- EGAMO
- ELEVA Capital
- Eurizon Capital SGR S.p.A
- Evenlode Investments
- Federated Hermes Limited
- FIDEURAM Intesa Sanpaolo Private Banking Asset Management SGR S.p.A.
- Fineco Asset Management
- Finreon
- Global Delta Capital
- Globalance Bank Ltd.
- GMO LLC
- Graubündner Kantonalbank
- Grupo Bancolombia
- Hargreaves Lansdown
- HDFC Asset Management Company
- IMCO - Investment Management Corporation of Ontario
- KLP
- Larrainvial Asset Management
- Lyrical Asset Management LP
- March Asset Management
- Marsham Investment Management
- Mint Asset Management
- Montrusco Bolton Investments Inc.
- MUFG Asset Management
- Neo Investimentos
- OLZ AG
- Pathfinder Asset Management
- Pella Funds Management
- Quilter Cheviot
- RBC Brewin Dolphin
- Resolution Capital
- River Global
- Royal London Asset Management
- S-Bank Plc
- SG 29 Haussmann
- SG Hiscock & Company Limited
- Sienna Investment Managers
- STANLIB Limited
- Stone Harbor Investment Partners
- Taikang Asset Management (Hong Kong) Company Limited
- Triasima
- Triple Eight Capital
- UBS La Maison de Gestion
- Van Lanschot Kempen
- Vinva Investment Management Limited
- Yinhua Fund Management Co., Ltd.
- yske Bank
AMCs removed From December 2023 to October 2024, 52 AMCs exited Climate Action 100+ that were previously listed as signatories:[16][1]
- ACTIAM
- Addenda Capital
- Aegon Asset Management
- AKO Capital
- AllianceBernstein
- Allspring Global Investments
- Ardevora Asset Management
- Asteria IM
- Avaron Asset Management
- Bancolombia
- BB DVTM
- BlueBay Asset Management
- Brandywine Global Investment Management
- Calvert
- Capital Fund Management (CFM)
- DSPIM
- Earth Capital
- Everence and the Praxis Mutual Funds
- Fidelity Investments Canada
- FIM/S-Bank Wealth Management
- Global X ETFs
- Grantham, Mayo, Van Otterloo & Co. LLC
- Hamon Asset Management
- Hermes Investment Management
- Intech Investments
- Invesco
- J.P. Morgan Asset Management
- Jyske Bank
- Kempen
- LA BANQUE POSTALE ASSET MANAGEMENT
- Loomis Sayles
- Maitri Asset Management
- Makalani Management Company (Pty) Limited
- Métropole Gestion
- Mitsubishi UFJ Trust & Banking Corporation
- MU Investments Co,. Ltd.
- MV Credit Partners LLP
- NN Investment Partners
- NZ Funds Management
- Pacific Asset Management
- PanAgora Asset Management, Inc
- Parametric
- PIMCO
- RLAM
- Robeco Institutional Asset Management B.V.
- SEI
- SG 29 Haussmann
- Sparinvest
- State Street Global Advisors
- The River and Mercantile Group (R&M)
- Walter Scott & Partners Limited
- Western Asset Management Company
See also
- Environmental, social, and corporate governance (ESG)
- Net Zero Asset Managers Initiative
- Arguments about environmental, social, and corporate governance (ESG)
- Opposition to environmental, social, and corporate governance (ESG) investing
- Reform proposals related to environmental, social, and corporate governance (ESG)
- State legislative approaches opposing ESG investing
- State legislative approaches supporting ESG investing
External links
Footnotes
- ↑ 1.0 1.1 1.2 1.3 1.4 Ballotpedia, "Ballotpedia: Asset management data for state-administered pension funds across the 50 states," March 2023 Cite error: Invalid
<ref>
tag; name "BP" defined multiple times with different content Cite error: Invalid<ref>
tag; name "BP" defined multiple times with different content - ↑ 2.0 2.1 2.2 2.3 2.4 2.5 Climate Action 100+, "Investor Signatories," accessed July 10, 2024
- ↑ 3.0 3.1 Climate Action 100+, "The Three Goals," accessed June 20, 2023
- ↑ 4.0 4.1 4.2 4.3 4.4 4.5 Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
- ↑ Climate Action 100+, "Focus Companies," accessed April 4, 2025
- ↑ 6.0 6.1 Climate Action 100+, "CLIMATE ACTION 100+ ANNOUNCES ITS SECOND PHASE," accessed June 20, 2023
- ↑ State Street Global Advisors, "Why We’re Joining Climate Action 100+," November 30, 2020
- ↑ Principles for Responsible Investing, "Climate Action 100+ issues its first-ever net zero company benchmark of the world’s largest corporate emitters," accessed June 20, 2023
- ↑ Texas Attorney General, "BlackRock Letter," August 4, 2022
- ↑ Forbes, "Net Zero Asset Management And The Fiduciary Duty Dilemma," January 10, 2023
- ↑ Responsible Investor, "US asset management giant joins Climate Action 100+ exodus," accessed December 10, 2024
- ↑ ESG News, "Goldman Sachs’ Fund Division Latest to Depart Climate Action 100+," August 12, 2024
- ↑ Pension & Investments, "AllianceBernstein, Allspring leave Climate Action 100+," accessed July 12, 2024
- ↑ 14.0 14.1 New York Times, "Wall Street’s Climate Retreat," accessed February 19, 2024
- ↑ 15.0 15.1 Climate Action 100+, "Investor Signatories," accessed April 11, 2025
- ↑ 16.0 16.1 Note: Some signatories were removed from the signatory list but then added back to the list at a later date or vice versa. Some were added or removed multiple times.
|