Towards Sustainable Investment - Taking Responsibility
CalPERS is proud to announce the release of our first report on our Environmental, Social and Governance (ESG) work. The report explains the fiduciary framework we have adopted to integrate sustainability across the total fund, illustrates achievements from the last few years, and outlines our vision for the future.
Here’s what you’ll find inside the report:
- CalPERS views on Sustainable Investing
- The “3 Ps” of the CalPERS program: Priorities, Performance and Procurement
- How CalPERS integrates ESG in its own operations
- Our strategic themes of alignment of interest, climate change and human capital
- Page 3: CalPERS Investments
- Page 7: Global Principles of Accountable Corporate Governance (PDF, 310 KB)
- Page 8: CalPERS Core Values
- Page 9: CalPERS Partnerships
- Ceres
- Council of Institutional Investors
- The Credit Roundtable
- Federal Deposit Insurance Corporation
- International Corporate Governance Network
- Institutional Limited Partners Association
- LA Trustees Network
- SEC Public Company Accounting Oversight Board
- Principles for Responsible Investment
- RFK Center for Justice & Human Rights
Page 9: We are also contributing members of the following networks:
- Asian Corporate Governance Association
- Aspen Institute
- European Corporate Governance Institute
- Harvard Law School
- Robert Toigo Foundation
- Stanford – Rock Center for Corporate Governance
- Yale School of Management – Millstein Center for Corporate Governance and Performance
- The Conference Board
- National Association of Corporate Directors
- Australian Council of Superannuation Investors
Page 12: Proxy Voting
Page 14: Focus List Program
Page 19: CalPERS Board Governance Reform
Page 22: Climate Change Scenarios - Implications for Strategic Asset Allocation (PDF,3.2 MB)
Page 29: Emerging Markets Principles
Page 31: Diverse Director DataSource (3D)
Page 31: Responsible Contractor Policy (PDF, 254 KB)
Note: If you would like further information about this report, please contact Ashley Taylor at Global_Governance@calpers.ca.gov.
Dated: 05-16-2013

