Ceres has published an assessment of 2025 disclosures from 50 of the largest North American-based institutional investors, finding that most continued to integrate climate considerations into investment practices despite US clean energy policy rollbacks. The report concludes that investors are moving from commitments toward implementation, linking climate strategies more directly to financial risk management, portfolio resilience and investment opportunities. Among the investors assessed, 74% evaluated climate-related portfolio risks and the same proportion allocated capital to climate solutions. A further 72% engaged portfolio companies on climate issues, while 52% incorporated nature and water-related risks and opportunities into investment and stewardship practices. The analysis drew on investors’ public reports and communications, supplemented by interviews.