The CalSTRS Sustainable Investment and Stewardship Strategies unit uses our influence as a significant global investor to promote long-term sustainable business practices and public policies. We engage publicly traded companies in order to support long-term value creation as well as mitigate risk to our portfolio and the financial market as a whole. To guide these efforts, the Teacher’s Retirement Board approved the CalSTRS Stewardship Priorities.
As a long-term asset owner, CalSTRS believes that corporate directors work on behalf of share owners and that the ability to change our representatives in the boardroom is fundamental to shareholder democracy.
CalSTRS actively votes its proxies to support corporate board members and resolutions which align with our interests and Corporate Governance Principles.