WEST SACRAMENTO, Calif. – California State Teachers’ Retirement System (CalSTRS) today announced the promotion of Lisa Blatnick to Chief of Administrative Services, an executive position focused, in part, on attaining business goals outlined in CalSTRS 2014-15 fiscal year business plan. Ms. Blatnick’s position was effective August 1, 2014.
WEST SACRAMENTO, CA – California State Teachers’ Retirement System (CalSTRS) today announced the release of the Green Initiative Task Force’s seventh annual report detailing investment activities in environmental risk management and seized opportunities.
WEST SACRAMENTO, CA – A group of 70 global investors managing more than $3 trillion of collective assets today launched the first-ever coordinated effort to spur 45 of the world’s top oil and gas, coal and electric power companies to assess the financial risks that climate change poses to their business plans.
WEST SACRAMENTO, CA – Institutional investors and their investment managers must integrate the financial risks from climate change, resource scarcity, supply chain failures and tighter water supplies into their investment practices if they are to be successful in the 21st century.
Ceres proposes recommendations to insurers and regulators to maintain insurability in a warming world.
BOSTON – 2012 was the warmest year on record in the lower 48 states and the second most extreme weather year in United States history. Insurers are increasingly acknowledging that extreme weather has become the new normal, yet a new report from Ceres finds that many in the industry are only just beginning to think about how to address the effects climate change may have on their business – while a small group of companies is leading the way.
WEST SACRAMENTO, CA – California State Teachers’ Retirement System’s (CalSTRS) Corporate Governance Director, Anne Sheehan, has been named to the board of directors of the newly-launched Sustainability Accounting Standards Board (SASB).
WEST SACRAMENTO, CA – The California State Teachers´ Retirement System (CalSTRS) today announced it has withdrawn its shareholder proposal at Sysco Corp. (NYSE: SYY) after the foodservice giant agreed to include water risk management and sustainable agriculture in the company’s new sustainability initiative.
WEST SACRAMENTO, CA – The California State Teachers’ Retirement System (CalSTRS) today announced it has joined The Climate Registry, the leading voluntary greenhouse gas (GHG) registry in North America. A nonprofit group governed by states, provinces and tribes, The Registry helps organizations measure and reduce their GHG emissions.
WEST SACRAMENTO, CA– The California State Teachers Retirement System (CalSTRS) has teamed with two other institutional investors in a shareholder lawsuit against officers and directors of Massey Energy (NYSE: MEE), pointing to an abysmal safety record leading up to the tragedy in a West Virginia coal mine in April.
WEST SACRAMENTO, CA– A resolution proposed by the California State Teachers’ Retirement System (CalSTRS) calls on Chesapeake Energy Corporation (NYSE: CHK) to issue a sustainability report on environmental, social and governance (ESG) issues, focusing on greenhouse gas emissions and its plans to manage emissions. It is the first shareholder resolution on sustainability reporting submitted for consideration at Chesapeake.
SACRAMENTO, CA– In a sign that even skeptical companies are “getting” the climate risk message, five firms have agreed with the California State Teachers’ Retirement System (CalSTRS) to improve their greenhouse gas disclosure.
Sacramento, CA– On the eve of Earth Day observances, a new report calls for an energy revolution in the operation of electric utilities if greenhouse gas emissions are to be significantly reduced. The report raises the question of how much electric utilities will need to pay for their ongoing carbon emissions and analyzes current levels of risk disclosure to investors.
SAN DIEGO, CA– The National Association of Insurance Commissioners (NAIC) today approved a groundbreaking mandatory requirement that insurance companies disclose to regulators and investors the financial risks they face from climate change, as well as actions the companies are taking to respond to those risks.
Electronic privacy is crucial for the ongoing success of the Internet as a convenient means to provide customer service. Your personal information will be used only to conduct CalSTRS-related business.