Video Blog - Treasury Dept,, PA Environmental Council Partner on Green Investment Strategy

Brian Hill, President & CEO of the Pennsylvania Environmental Council, talks about developing a new Green Investment Strategy for Pennsylvania in partnership with the State Treasurer's Office.

The Highlights include:

1. The Keystone Green Fund – a new investment fund Casey is establishing to attract and leverage private sector investments in clean technology products and firms that will benefit Pennsylvania’s economy. The Fund will include up to $40 million in Treasury assets and several million more from Pennsylvania-based energy funds.

2. Active Equity Management – Casey will reallocate up to $50 million in Treasury assets from existing investment managers to those who can demonstrate a track record of providing superior returns on their investments in clean technology stocks.

3. Environmental Equity Screens – Treasury will develop new investment screens for its investment managers and outside consultants to use when evaluating a company’s potential exposure to environmental liabilities.

4. Investor Network for Climate Risk – Pennsylvania will formally join the INCR, a network of institutional investors and financial institutions that promotes better understanding of the financial risks and investment opportunities posed by climate change.

Video Blog: Brian Hill Talks About the Keystone Green Investment Strategy

For more information, visit the Keystone Green Investment Strategy webpage.


2/9/2007

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