Month: August 2019

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DOES PUBLIC PENSION BOARD COMPOSITION IMPACT RETURNS? (Boston College – Center for Retirement Research)

https://crr.bc.edu/wp-content/uploads/2019/07/SLP67.pdf

U.S. state and local pension funds manage over $4 trillion in retirement assets for 20 million active and retired plan members. Given the significance of these funds, proper oversight is vitally important to government officials, plan participants, and taxpayers alike. The challenges to effective pension fund governance have been well documented, and significant research has demonstrated that the characteristics of pension boards matter. This brief summarizes public pension fund governance, discusses key aspects of public pension boards, and presents additional evidence that a well-designed board relates to better plan outcomes.

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Debatable, Yet Undeniable —Taking Responsibility for Climate Change (SAGE Advisory)

https://www.sageadvisory.com/debatable-yet-undeniable-taking-responsibility-for-climate-change/

People can curb climate change and mitigate environmental pollution by voting with their money and investing in companies that have policies in place to limit such negative activities.

Although it has long been debated as to what extent humans are contributing to climate change and our ability to adapt, what is undeniable is the fact that the earth is getting warmer. The current warming cycle is occurring twice as fast in the Arctic than anywhere else on earth, and it is causing significant changes in the extent, duration, and conditions of sea ice. The loss of sea ice around the Svalbard, an archipelago in the Norwegian Sea, is predicted by scientists to be particularly profound in the coming decades.