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Colorado Revised Statutes Title 24. Government State § 24-51-220. Reporting to general assembly--inclusion of climate risk assessment in annual stewardship report

Current as of January 01, 2025 | Updated by Findlaw Staff

(1) The association shall submit a report to the general assembly on January 1, 2016, and every five years thereafter, regarding the economic impact of the 2010 legislative changes to the annual increase provisions on the retirees and benefit recipients as compared to the actual rate of inflation and the progress made toward eliminating the unfunded liabilities of each division of the association.

(2) On and after January 1, 2025, the association shall include, as part of its annual investment stewardship report or any successor annual report regarding the association's investments that the association posts on its website or otherwise makes available to the public, a description of:

(a) The association's process for identifying climate-change-related risks and assessing the financial impact that the climate-change-related risks have on the association's operations;

(b) The current or anticipated future risks that climate change poses to the association's investment portfolio, the impact that climate change has on the association's investment strategies, and any strategy changes that the association has implemented in response to such impact;

(c) Actions that the association is taking to manage the risks that climate change poses to the association's operations; and

(d) The association's use and consideration of any climate-related reporting that the federal securities and exchange commission requires.

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Cite this article: FindLaw.com - Colorado Revised Statutes Title 24. Government State § 24-51-220. Reporting to general assembly--inclusion of climate risk assessment in annual stewardship report - last updated January 01, 2025 | https://codes.findlaw.com/co/title-24-government-state/co-rev-st-sect-24-51-220/

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