WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System today released Global Stewardship at Work, its 2015—16 sustainability report. This is the third year the system published the report, which is based on the Global Reporting Initiative G4 Guidelines.
CalSTRS business and investment decisions consider environmental, social and governance implications, also referred to as ESG issues.
CalSTRS is a signatory to the United Nations Principles for Responsible Investment, was part of the UN Global Compact expert working group Investment in Conflict Areas, and is a founding member of the Conflict Risk Network. The Teachers’ Retirement Board also endorses the Principles for Responsible Investment. More than 20 years ago, CalSTRS developed a Statement of Investment Responsibility to help define the role of sustainable investment decisions.
Consistent with its fiduciary responsibilities to CalSTRS members, The Teachers’ Retirement Board has a social and ethical obligation to require that the corporations and entities in which securities are held meet a high standard of conduct and strive for sustainability in their operations. As an active owner, CalSTRS incorporates PRI and other ESG principles into its investment policies and practices. The links below provide an overview of our relevant policies and practices.
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The California State Teachers’ Retirement System website has been developed in compliance with California Government Code §11135, which requires that all electronic and information technology developed or purchased by the State of California is accessible to people with disabilities. There are various types of physical disabilities that impact user interaction on the web. Vision loss, hearing loss, limited manual dexterity, and cognitive disabilities are examples, with each having different means by which to access electronic information effectively.