CalPERS Honored As Sustainable Business of 2016
September 13, 2016
Communications & Stakeholder Relations
Brad W. Pacheco, Deputy Executive Officer
Wayne Davis, Chief, Office of Public Affairs
Contact: Jeanie Esajian, Information Officer
Conservation efforts led to recapture of 1.7 million gallons of water
SACRAMENTO, CA - The California Public Employees' Retirement System (CalPERS) was named today the 2016 Sustainable Business of the Year by the Business Environmental Resource Center (BERC), which recognizes top environmentally proactive Sacramento-area businesses whose work practices demonstrate an outstanding commitment to enhancing sustainability.
The award presentation was made during a Sacramento County Board of Supervisors meeting and accepted by Douglas Hoffner, CalPERS' interim chief executive officer, on behalf of CalPERS' Operations Support Services Division, which spearheaded the efforts.
"This recognition speaks to the will to make change to affect the world around us, and the determination of our staff to undertake projects of this magnitude for the greater good," said Hoffner.
CalPERS' water conservation efforts garnered the attention of BERC, and included a cooling tower recapture project that netted 1.7 million gallons of water. Also noted in the award citation was the replacement of approximately 40,000 square feet of sod with drought tolerant artificial turf and sustainable materials at CalPERS' Lincoln Plaza North building and along R Street behind the Lincoln Plaza East/West buildings.
In addition to today’s presentation, these CalPERS' efforts will be recognized again on September 21, at the Sustainability Business Awards Ceremony at the Tsakopoulos Galleria in Sacramento.
Earlier this year, CalPERS was recognized by the Environmental Protection Agency's Climate Registry for reducing greenhouse gas emissions by 79 percent, nearly four times the Governor's mandated 20 percent reduction, and eight years ahead of schedule. Other conservation efforts in the last year resulted in a 44 percent reduction in water consumption, diversion of 4.45 cubic yards per week of organic waste, and diversion of 18.49 tons of food waste to alternative fuel.
In addition to the sustainability and conservation efforts undertaken at its headquarters buildings, CalPERS has a decade-long history of working to address global climate change through the companies it invests in. This prompted an invitation issued earlier this year to former CalPERS CEO Anne Stausboll to address the United Nations at the signing ceremony of the Paris Agreement on climate change.
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 1.8 million members in the CalPERS retirement system and administers benefits for more than 1.4 million members and their families in our health program, making us the largest defined-benefit public pension in the U.S. CalPERS' total fund market value currently stands at approximately $307 billion. For more information, visit www.calpers.ca.gov.