Stewardship

Priorities

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.

Proxy voting

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.

Engagements in action

As a significant investor with a long-term investment horizon, engagement is a critical tool to influence changes in policies and corporate practices that support long-term value creation.

Legislative & regulatory letters

Corporate governance means being good stewards of our beneficiaries’ capital-protecting and growing our investments. In addition to engaging companies, we comment on regulatory policy and legislation.

Activist stewardship

CalSTRS activist stewardship is targeted and heightened engagement at a company where traditional engagement has failed to produce meaningful results.

Stewardship Priorities

Our four over-arching priorities focus on achieving measurable outcomes.

Corporate governance principles

CalSTRS has developed robust principles, policies and standards for fair and open governance of corporations.

CalSTRS' proxy voting record

View CalSTRS' past voting decisions at companies.