2021 News Releases

2021 news releases

Overview
News release Vanessa Garcia

CalSTRS announces new low-carbon transition readiness investment in global equity markets
CalSTRS will be one of the largest investors in new BlackRock exchange-traded fund suite

WEST SACRAMENTO, Calif. (April 9, 2021) – The California State Teachers’ Retirement System (CalSTRS) today announced its investment in two new low-carbon transition readiness exchange-traded funds (ETF). The BlackRock U.S. Carbon Transition Readiness ETF and the BlackRock World ex U.S. Carbon Transition Readiness ETF began trading yesterday and are one of the largest ETF launches in history. These ETFs address market risks and opportunities associated with the global transition to a low-carbon economy while also closely tracking the performance of the broad equity market.

News release Vanessa Garcia

CalSTRS addresses corporate sustainability and business continuity after extraordinary year
Seventh annual sustainability report highlights enterprise risk management in first half of 2020

WEST SACRAMENTO, Calif. (March 3, 2021) – The California State Teachers’ Retirement System today released its 2019–20 Sustainability Report. The report follows the Global Reporting Initiative (GRI) Standards, which are recognized as the global best practices for corporate sustainability reporting.

Statement Karen Doron

Statement on ExxonMobil’s loss of $22 billion in 2020

WEST SACRAMENTO, Calif. (February 3, 2021) – ExxonMobil’s reported 2020 loss of $22 billion demonstrates the continued erosion of shareholder value and that incremental changes are not enough to restore investor confidence and position the company for the global energy transition.