Department of Labor Seeks to Protect Retirement Savers from Climate-Related Financial Risks

The U.S. Impact Investing Alliance was pleased to respond today to a Request for Information on how the Department of Labor can protect retirement savers from climate-related financial risks. Alongside specific recommendations for further action and research by the Department, the Alliance is calling for a whole-of-government approach to combatting the significant, systemic risks climate change poses to the economy.

Fran Seegull, President of the Alliance, writes that the Department must consider its role in driving a “cohesive, coordinated approach to measure, manage and mitigate the harmful effects of climate change on American companies, investors, workers, consumers and communities.”

Read the Alliance’s full comments here.