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Biennial materiality survey

A significant way that CalSTRS engages with stakeholders is through CalSTRS’ biennial materiality survey. The survey is sent to our executives, members, employees, business partners and other stakeholders to collect their feedback on our most relevant business initiatives.

With these responses, CalSTRS prepares a sustainability report that outlines the years’ performance and direction of CalSTRS under each of these prioritized material topics. This strategy allows CalSTRS to focus our communications and business plans on the most critical aspects of our day to day efforts.

The 2016 materiality survey produced the following results:

Chart reflecting the total score of each surveyed material topic. Because stakeholder groups are significantly different in their relationship with CalSTRS, we chose the top three topics of each group to address in this report. In order of least importance to stakeholders and no impact to CalSTRS to most important to stakeholders and extremely high impact to CalSTRS: Business Partner Engagement, Board Diversity and Corporate Governance, Organizational Environmental Sustainability, Defined Benefit Pension Research and Education, Sustainability-Related Investment Risk, Member Engagement, Retirement Preparedness, Workforce Development Employee Engagement and Diversity and Inclusion, Organizational Transparency, Ethics and Compliance, Cybersecurity

Top three topics ranked by stakeholder group

RankEmployeesMembersOther StakeholdersExecutives*
1Retirement PreparednessCybersecuritySustainability-Related Investment RiskCybersecurity
2CybersecurityOrganizational TransparencyOrganizational TransparencyEthics and Compliance
3Ethics and ComplianceEthics and ComplianceEthics and ComplianceWorkforce Development, Employee Engagement, Diversity and Inclusion

* Executives rated topics according to impact to CalSTRS.