Resolution 1&2 – Policy and Implementation
Resolution 1 – Policy
The board agreed that climate change be explicitly addressed in the fund’s statement of investment beliefs as a long term systemic risk and that a revision of the fund’s statement of investment beliefs be presented to the Board at its next meeting for approval.
Resolution 2 – Policy Implementation
The board agreed that the Board should receive an annual update from the Investment Committee on how the investment implications of climate change are implemented.