Whether it’s the impact of iPhones on kids or employee retraining, major investors are looking to corporate leaders to do more.
In January, BlackRock’s CEO and Chairman Laurence D. Fink sent a letter to executives at major companies to not only focus on profits but also the social good. The letter addressed a host of issues seen as creating the world’s polarization, including automation’s displacement of workers and the lack of secure retirements among low-income workers.
As investors increasingly focus on the risk of climate change in their portfolios, a new report from Environmental Defense Fund (EDF) shows some oil and gas companies are exposing themselves to scrutiny by failing to adequately disclose meaningful information on emissions of methane, the heat-trapping pollutant that is drawing increased attention from the public.
The analysis demonstrates company reporting on methane has improved slightly, though unevenly, over the past two years since EDF first examined methane disclosure within the U.S. oil and gas industry in their report, Rising Risk. The quality of methane reporting has improved among the top companies, though 42 percent of the companies surveyed disclose nothing on their methane management practices.
California’s massive public pension funds should not divest from holdings based on political winds, with notable exceptions. One involves investments in companies that make assault weapons that are illegal under California law. That effort gained traction after the 2012 massacre at Sandy Hook Elementary School. Let’s connect some dots.
More than 450 investor, company and capital market leaders convened at the Investor Summit on Climate Risk last week to map out the next steps for increased action on climate change. The strong showing of leaders, ranging from institutional investors to state and city pension fund fiduciaries and corporate executives, demonstrated the growing mainstream attention to one of the world’s most pressing problems.
“It is encouraging to see investors from around the world stepping up like never before to align their investments with the market opportunities created by the Paris Agreement and the low-carbon transitions,” said Mindy Lubber, CEO and President of Ceres.
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.