Politicized rhetoric against ESG is making it harder for investment managers to consider the financial risks posed by climate change, says the overseer of the nation’s biggest municipal pension fund.
“I wish I could start from square one, when the field hadn’t already been polarized,” Brad Lander (D), comptroller of New York City, said in an interview. “I wish you could start from a place of saying, ‘Let me talk to you about what the pension obligations are that run out for decades.’”
Lander serves as a custodian ...
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