2019–20 Sustainability Report
2019–20 Sustainability Report
Global Stewardship at Work
CalSTRS practices sustainable stewardship of the Teachers’ Retirement Fund for the financial security of California’s educators. Our annual Sustainability Report is prepared in accordance with the Global Reporting Initiative Standards.
For the 2019–20 report, we’ve updated the key topics to reflect our approach to sustainability and business continuity during an extraordinary time.
We start with a message from CEO Jack Ehnes.
You can access our key topics below.
About this report
The report includes our sustainability approach, stakeholder engagement activities and data for the 2019–20 fiscal year.
Enterprise risk
We effectively execute business continuity plans to ensure core business functions—paying benefits, collecting contributions and managing investments.
Path to full funding
Despite volatility in March 2020, financial markets saw the quickest rebound in U.S. history. The CalSTRS fund is currently on track to reach near full funding by 2046.
Member retirement preparedness
CalSTRS members live longer than the U.S. population average. As life expectancies increase, we continue to educate members about their defined benefit and supplemental savings options.
Transition to a low-carbon economy
Climate change is one of the most significant risks faced by investors. We discuss our Low-Carbon Transition Work Plan and what we’re doing to protect the fund.
Diversity and inclusion
CalSTRS welcomes and embraces diversity of thinking, background and experience to enhance our culture and drive business success.