WEST SACRAMENTO, Calif. – CalSTRS voted its 11.6 million shares against long-tenured board members John D. Baker II, John S. Chen, Lloyd H. Dean, Enrique Hernandez, Jr., Donald M. James, Cynthia H. Milligan, Federico F. Peña, Stephen W. Sanger, and Susan G. Swenson. These board members failed in their duty to shareholders to identify the weaknesses in the company’s risk and oversight mechanisms.
WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System today announced that Governor Brown has appointed Karen Yamamoto to the California State Teachers’ Retirement Board. The board oversees the retirement benefits for California’s prekindergarten–12 and community college educators covered under the California State Teachers’ Retirement System (CalSTRS).
CalSTRS advances sustainability practices that promote long-term value creation, responsible investment strategies, stewardship of our natural resources and engagement with our stakeholder community.
The purpose of our guiding beliefs is to shape our organization’s environmental, social and governance actions and interactions with our stakeholders.
CalSTRS supports sustainability programs that build environmental, social, and governance principles into our core business and investment practices.
CalSTRS responsibly manages risk for the long-term financial strength of CalSTRS, to the benefit of our members, stakeholders, and the environment.
CalSTRS engages with our stakeholders, business partners and our community on environmental, social and governance issues and principles to understand their insights and perspective.
CalSTRS considers the global impact of our business practices in the use of natural resources within our facilities and through the procurement of goods and services.
All CalSTRS investments should seek to responsibly manage and disclose economic, social, and environmental criteria in order to deliver sustainable and profitable, risk-adjusted returns.
CalSTRS encourages procurement of goods and services with contractors and supply chain vendors who incorporate sustainability and environmental, social, and governance criteria into their business practices.
CalSTRS believes in providing a supportive work environment where employees are encouraged to develop and achieve their full career potential.
CalSTRS recognizes plan assets will contribute to and be affected by climate change and that appropriate risk mitigation must occur in order to deliver profitable, risk-adjusted returns.
CalSTRS discloses material sustainability issues and sustainable performance data.
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.
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.