"The Trump Administration’s decision today to formally begin withdrawing the United States from the Paris Agreement on climate change is a shameful move.

"I was in Paris to support the development of the Paris Agreement and saw firsthand the commitment and dedication of the global community to proactively address climate change and save our planet.

"As trustee of New York state's pension fund I seek out profitable and sustainable investments and encourage our portfolio companies to prepare for a low-carbon future.

"We know climate change is real. Current warming trends are caused by human actions. These changes pose significant risks and opportunities. The United States should be leading the low-carbon revolution, not burying its head in the sand."