05/20/2026
Climate risk extends far beyond just fossil fuel stocks that are likely to lose value as the world moves away from 19th-century fuels like oil and gas. It’s a broad interconnected threat that touches huge parts of the economy.
Bank shares can suffer when high-carbon loans go bad. Energy utilities face mounting costs from extreme weather. Companies whose supply chains run through drought-prone or flood-prone regions are already absorbing losses.
These are real risks, documented by mainstream financial analysts, that can drag down the value of retirement plans.
This year, ClientEarth USA filed a lawsuit against Cushman & Wakefield for failing to shield its workers’ retirement accounts from climate risk.
Instead of safeguarding its workers’ futures, the commercial real estate giant is funneling their retirement savings into a high-risk fund packed with coal-powered utilities and other businesses that are highly vulnerable to climate disruption.
The case, brought on behalf of Cushman & Wakefield employees, alleges the company never evaluated whether those funds left workers' savings exposed to climate-related financial risk.
To read more about our case against Cushman & Wakefield and climate risk, visit our website. https://brnw.ch/21x2Fci