Adopted in 2009 by the Teachers’ Retirement Board, CalSTRS developed a formal divestment policy to facilitate appropriate response to divestment initiatives presented to the fund.

This policy is contained within the CalSTRS Investment Policy and Management Plan and identifies ESG risk factors and specific actions to assist CalSTRS staff and external investment managers in their investment analysis and decision making. CalSTRS firmly believes that our actions around divestment must be carefully weighed against our duty to perform profitably with consideration of the best tools and approaches available.

For accessible versions of files on this page, contact ADACoordinator@CalSTRS.com.