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U.S. lawmakers eye divesting from fossil fuels States, cities take separate steps to curb risk By David Sherfinski WASHINGTON, July 12 (Thomson Reuters Foundation) - The board overseeing the largest public retirement plan in the United States has not comprehensively assessed the risks climate change poses to its investments, a U.S. federal agency says, sparking fears retirement savings pots could be at risk. The Federal Retirement Thrift Investment Board (FRTIB) says its investment strategies already price in such risks to its portfolio as they track broader indices of companies coming under new pressure to disclose climate risks. But federal investigators tasked with ensuring climate risks are accounted for in all areas of the government say the board has not assessed the potential investment risks that climate change poses to the Thrift Savings Plan (TSP).

New yorkUnited statesNew hampshireUnited kingdomDavid sherfinskiSteven rothsteinMaggie hassanJeff merkleyJoe bidenEmily krepsLaurie goeringGary genslerRavindra deoExchange commissionThomson reutersGovernment accountability office