Calpers labels Chevron and Saudi Aramco as climate investments
California’s largest pension fund has a climate portfolio that includes 52 of the world’s largest greenhouse gas emitters.
Marcie Frost
Calpers CEO Marcie Frost began her working life as a clerk typist. Today she steers America’s largest public pension fund, ...
A California union boss thought his $300K salary would count toward his pension. Here’s why it won’t
Pay based on perks that California cops don't perform while they're on union leave can't count toward their CalPERS pensions, ...
Pensions & Investments1d
CalPERS returns 9% for calendar year 2024, below benchmark
For the year ended Dec. 31, the Russell 3000 index returned 23.1%, while the MSCI EAFE index returned 3.8%. Public equities, ...
CalPERS to keep its telework policy after Gavin Newsom orders return to office
The California Public Employees’ Retirement System exerted its autonomy from the governor by informing its workers that the agency will maintain its current policy.
Calpers calls fossil fuel stakes ‘climate-friendly’
The United States' largest pension fund has classified more than US$3bil of holdings in oil drillers, coal miners, and other ...
Pensions & Investments3d
CalPERS adds commitment to labor issues to proxy-voting guidelines, including DEI
CalPERS may withhold votes from director nominees who show failed oversight and/or a lack of commitment surrounding labor ...
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Calpers labels Chevron and Saudi Aramco as climate investments
The group, which has called for Calpers to divest its climate solutions portfolio holdings of major oil and gas companies, is staging protests Tuesday at Chevron’s San Francisco Bay Area ...