CalPERS Honored with Corporate Governance, Sustainability Awards
June 10, 2015
Robert Udall Glazier, Deputy Executive Officer
Brad Pacheco, Chief, Office of Public Affairs
Contact: Joe DeAnda, Information Officer
Anne Simpson Given Lifetime Achievement Award, System Commended for Sustainability Report
SACRAMENTO, CA - The California Public Employees' Retirement System (CalPERS) announced that Anne Simpson was given a lifetime achievement award for her corporate governance work by the International Corporate Governance Network (ICGN) at their 2015 annual meeting in London. In giving the award, ICGN recognized Anne for being associated with the creation and practice of good corporate governance principles around the world for the last thirty years.
"Anne has dedicated much of her career to working for more effective and transparent corporate governance principles, including increased shareowner rights," said Henry Jones, Chair of CalPERS Investment Committee. "The CalPERS fund has certainly benefited from her tireless efforts on behalf of our members. This award is well-deserved and all of us at CalPERS are proud of her."
The ICGN is an investor-led body with members representing assets under management in excess of $26 trillion. The ICGN Award is given annually to individuals who have demonstrated exceptional achievements in the field of corporate governance and contributed to significant improvements in one or more jurisdictions.
CalPERS also announced that it received a Commendation for the Best Responsible Investment Report by a Large Pension Fund from Responsible Investor for its second sustainability publication titled, "Towards Sustainable Investment & Operations: Making Progress." This is the second time CalPERS has been recognized by Responsible Investor for their sustainability report.
In comments released with the results announcement, the judging panel noted that the CalPERS report "gives a lot of insight in the way ESG is integrated in day-to-day business" and "into discussion of overall operational and financial strategies." The panel also commended the report for linking "investment beliefs, managing risk, and ESG considerations into a cohesive approach."
Responsible Investor, a respected sustainable finance and governance news source, announced the winners this week at the RI Reporting Awards during its London summit. The Awards are based on research of more than 1,000 pension funds from around the world and recognize those funds that are most transparent about how they are putting responsible investment into action.
CalPERS released "Towards Sustainable Investment & Operations: Making Progress," its second report on Environmental, Social and Governance work, in 2014. The report explains the fiduciary framework CalPERS has adopted to integrate sustainability across the total fund, illustrates recent achievements, and outlines a vision for the future.
For more than eight decades, CalPERS has built retirement and health security for state, school, and public agency members who invest their lifework in public service. Our pension fund serves more than 1.7 million members in the CalPERS retirement system and administers benefits for 1.4 million members and their families in our health program. CalPERS' total fund market value currently stands at approximately $300 billion. For more information, visit www.calpers.ca.gov.