At $160 billion, the NYC Common Retirement Fund is the third largest pension plan in the country, and it’s heavily invested in the fossil fuel industry.
This video illustrates efforts by Fossil Free NYS and local activists to redirect these investments to be more in line with the morals and beliefs of the fire-fighters, teachers, and government employees it represents.
Over 12,000 New Yorkers have already signed the petition calling on Comptroller DiNapoli to divest the NYS Common Retirement Fund. Many statewide organizations have submitted formal divestment resolutions and requests. The Comptroller’s current response is to participate in a yearlong climate risk study — while the CRF continues to invest in a climate crisis that deepens every day.
Climate change is real, it’s here, and it’s hurting New Yorkers. Join the efforts by signing the petition today.
