WEST SACRAMENTO, Calif. (April 15, 2019) – California State Teachers’ Retirement System announced that trustee Sharon Hendricks was elected to the PRI Association Board. As an independent organization, PRI encourages investors to use responsible investment to enhance returns and better manage risks.
CalSTRS has long focused on corporate accountability and improving long-term returns in its portfolio. Board diversity is an essential tool in the goals to improve corporate accountability and enhance long-term sustainable value shareholders, generally and CalSTRS beneficiaries in particular.
CalSTRS supports board diversity as an important business goal that can be properly addressed in the marketplace. The following resources are for your convenience; this list is not intended to be definitive or conclusive.
Mind the Gap is a review of empirical findings and Glass Lewis’ research on gender diversity in 11 different markets.
This report covers issues such as:
Existing and upcoming legislation and guidance on diversity considerations and quotas.
Findings regarding female representation in the boardroom, on key committees and in various sectors.
For more information or to obtain this report, complete the Request Information form at Glass, Lewis & Company’s website. Mention this report in the “Comments” section.
