NY Pension Fund Prioritizes Climate Over Big Oil Profits: Restricts Investments In 8 Companies, Including ExxonMobil
NY Pension Fund Prioritizes Climate Over Big Oil Profits: Restricts Investments In 8 Companies, Including ExxonMobil
The New York State Common Retirement Fund plans to restrict its investments in eight integrated oil and gas companies, including Exxon Mobil Corp (NYSE:XOM).
纽约州共同退休基金计划限制对包括埃克森美孚公司（纽约证券交易所代码：XOM）在内的八家综合石油和天然气公司的投资。
The move reflects New York Comptroller Thomas DiNapoli's review of the transition readiness of energy sector investments that face significant climate risk.
此举反映了纽约主计长托马斯·迪纳波利对面临重大气候风险的能源行业投资过渡准备情况的审查。
DiNapoli said, "Climate change is an increasingly urgent risk facing all investors, and I am determined to protect the state's pension fund by keeping it at the forefront of efforts to mitigate risks to our investments. This reduces our fund's exposure to fossil fuels."
迪纳波利说：“气候变化是所有投资者面临的越来越紧迫的风险，我决心保护该州的养老基金，将其置于降低投资风险的首位。这减少了我们基金对化石燃料的敞口。”
"Consistent with my fiduciary duty to maximize investment returns for the benefit of our members and retirees, these actions should help accomplish the goals of our Climate Action Plan."
“这些行动应有助于实现我们气候行动计划的目标，这符合我的信托责任，即最大限度地提高投资回报，以造福我们的会员和退休人员。”
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The fund plans to divest its corporate bonds and actively manage public equity holdings in eight integrated oil and gas companies that are determined to be not transition-ready.
该基金计划剥离其公司债券，并积极管理八家被确定尚未做好过渡准备的综合石油和天然气公司的公募股权。
Apart from Exxon, the companies to be divested and restricted in the coming months are Delek Group (OTC:DELKY), Guanghui Energy Company Ltd., Echo Energy PLC, IOG PLC, Oil and Natural Gas Corporation Ltd and Dana Gas Co and Unit Corp.
除埃克森美孚外，未来几个月将被剥离和限制的公司还有德莱克集团（场外交易代码：DELKY）、光辉能源有限公司、Echo Energy PLC、IOG PLC、石油天然气集团有限公司和德纳燃气公司和单位公司
As of Dec. 31, 2023, the total value of these holdings is around $26.8 million.
截至2023年12月31日，这些持股的总价值约为2680万美元。
The fund "will continue to hold Exxon and the others that are restricted in its passive index holdings at this time," a spokesman for DiNapoli said to Reuters.
迪纳波利发言人对路透社说，该基金 “将继续持有埃克森美孚和其他目前被动指数持有受限的公司”。
As per the report, spokesman Matthew Sweeney said that while the fund will divest about $25 million worth of Exxon shares, other Exxon holdings total about $500 million.
根据该报告，发言人马修·斯威尼表示，尽管该基金将剥离价值约2500万美元的埃克森美孚股票，但埃克森美孚的其他持股总额约为5亿美元。
Sweeney further said, "The passive strategy is fundamental to the Fund and has been successful. The review determined that removing it from the passive index would go against fiduciary duty at this time."
斯威尼进一步表示：“被动策略是基金组织的基础，并且取得了成功。审查确定，目前将其从被动指数中删除将违背信托义务。”
Earlier in 2023, the Fund updated its assessments of shale oil and gas, oil sands, and coal companies, leading to restrictions on investment in around 50 firms that it determined failed to demonstrate transition readiness, including six new coal companies and four new shale oil and gas companies.
2023年早些时候，该基金更新了对页岩油气、油砂和煤炭公司的评估，从而限制了对约50家公司的投资，其中包括六家新的煤炭公司和四家新的页岩油气公司。
Photo by William Potter on Shutterstock
威廉·波特在 Shutterstock 上拍摄的照片
译文内容由第三方软件翻译。