4.25 16-0867 Subject: Support Of SB 560 - Protecting Pensions From Climate Risk By Senator Ben Allen From: Councilmembers Dan Kalb Recommendation: Adopt A Resolution In Support Of SB 560 By Senator Ben Allen That Will Require The California's Public Pension Funds Boards To Add Consideration Of Financial Risks Associated With Climate Change To Their Fiduciary Duty To Fund Members And Beneficiaries, And Report Annually On The Climate Risk Of Their Investment Portfolios, Beginning In 2020; On The April 13, 2017 Rules And Legislation Agenda - City of Oakland

Meeting: *Rules & Legislation Committee on 2017-03-23 10:45 AM

Meeting Time: March 23, 2017 at 10:45am PDT

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Agenda Item

4.25 16-0867 Subject: Support Of SB 560 - Protecting Pensions From Climate Risk By Senator Ben Allen From: Councilmembers Dan Kalb Recommendation: Adopt A Resolution In Support Of SB 560 By Senator Ben Allen That Will Require The California's Public Pension Funds Boards To Add Consideration Of Financial Risks Associated With Climate Change To Their Fiduciary Duty To Fund Members And Beneficiaries, And Report Annually On The Climate Risk Of Their Investment Portfolios, Beginning In 2020; On The April 13, 2017 Rules And Legislation Agenda