Investing in the Energy Transition

Global climate change is an investment risk.

As thoughtful stewards of the fund and universal owners with a long-term view of the markets, this is a risk we do not ignore. We believe efforts to mitigate the risks of global climate change require:

Government policies, regulation and incentives; Investments in innovation and transition; Individual adoption of carbon reduction measures.


To ensure we meet our fiduciary duty to be responsible and thoughtful stewards of the fund, we identify long-term risks to our portfolio through independent measurement and assessments.

NYSTRS' Investment Beliefs outline the framework through which we approach an independent analysis of climate risk, the challenges posed by the energy transition, and assess its specific impact on the fund.

To learn more about our view on responsible stewardship, see our Stewardship and Investment Beliefs page.