CalPERS Takes Part in United Nations Climate Summit
September 23, 2014
External Affairs Branch
Robert Udall Glazier, Deputy Executive Officer
Brad Pacheco, Chief, Office of Public Affairs
Contact: Joe DeAnda, Information Officer
SACRAMENTO, CA – The California Public Employees' Retirement System (CalPERS) today participated in events as part of the United Nations (UN) Climate Summit 2014, an event that gathers world leaders to encourage awareness and seek solutions to serious climate change issues.
"For a long-term investor like CalPERS, climate change presents risks but also opportunities," said Anne Simpson, CalPERS Senior Portfolio Manager and Director for Global Governance. "But for the markets to work efficiently we need a price on carbon, adequate financial reporting that captures climate risks, and companies to review their capital deployment. Investors, policy makers, and businesses each have a vital role to play in addressing climate change."
Simpson will represent CalPERS at the Climate Summit and participate on a panel exploring how cities can play a critical role in reducing greenhouse gas emissions.
The UN Climate Summit gathers world leaders, from government, finance, business, and civil society to galvanize and catalyze climate action. The summit provides a unique opportunity for leaders to champion an ambitious vision, anchored in action that will enable a meaningful global agreement in 2015.