Connecticut Retirement Plans and Trust Funds's Climate Action Contribution
Climate Action Commitments
Current Climate Actions Connecticut Retirement Plans and Trust Funds Is Taking:
Sign on to the Climate Action 100+ initiative
Investors commit to supporting the Climate Action 100+ initiative with the aim of securing commitments from boards and senior management to:
- Implement a strong governance framework which clearly articulates the board’s accountability for and oversight of climate change risk and opportunities.
- Take action to reduce greenhouse gas emissions across their value chain, consistent with the Paris Agreement’s goal of limiting global average temperature increase to well below 2-degrees Celsius above pre-industrial levels.
- Provide enhanced corporate disclosure in line with the final recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and sector-specific Global Investor Coalition on Climate Change Investor Expectations on Climate Change (when applicable) to enable investors to assess the robustness of companies’ business plans against a range of climate scenarios, including well below 2-degrees Celsius scenarios, and to improve investment decision-making.