Shift Action 4/21/22 Shift Action 4/21/22

Statement on PSP Investments' New Climate Strategy

Today’s release of the Public Sector Pension Investment Board’s (PSP Investments, or PSP) first Climate Strategy is a notable step forward in moving the pension fund’s investment strategy towards alignment with protecting the retirement savings of federal employees and averting catastrophic climate change.

Shift Action 6/16/21 Shift Action 6/16/21

Statement from Shift Action for Pension Wealth & Planet Health on PSP Investments’ annual report and responsible investment report

PSP Investments has made early progress in putting in place the internal tools and processes required to assess and manage the financial risks of climate change. However, it is unclear how PSP is using this climate-related information to protect the pensions of more than 900,000 federal public servants and align their retirement savings with a safe climate future.