CalPERS

Board Diversity: Time’s Up on Good Intentions

Article

by Julie Gorte, Ph.D., Senior Vice President, Impax Aseet Management and Pax World Funds 

When I began working to make boards more gender diverse in 2001, the percentage of women on the boards of large companies in the United States was around 12 percent. By 2011, women had gained a few more seats at the table, and by 2016 women held 21 percent of board seats at Fortune 500 companies. At this rate of progress — less than one percent increase per year — it will be three more decades before big companies’ boards achieve gender parity. And that, sadly, is the good news.

Big Year, 2018 – Tipping Points for Developments in Corporate Sustainability & Sustainable Investing…

Newsletter

Volume & Velocity
Those may well be the key characteristics of developments in corporate sustainability and in sustainable investing in the year 2018.

Linda-Eling Lee, Global Head of Research for MSCI’s ESG Research Group and her colleague Matt Moscardi (Head of Research Financial Sector, ESG) this week described what they are projecting in the traditional early-in-the-year setting out of key ESG trends to watch by the influential MSCI ESG team:

‘Clean Trillion’ is New Goal for $300 Billion Woman

Blog

The $300 billion woman is shedding her CEO title at the largest U.S. pension fund and adopting another monetary moniker: cheerleader for the “clean trillion.”

Anne Stausboll, who retires from CalPERS at the end of 2016, is urging global capital markets to remove barriers so the aggressive climate change goals agreed to by 175 global leaders in Paris can be achieved.

Financial Markets and the Making of Climate Resilience

The Huge Capital Shift That No One Saw Coming
Blog

by Katie Hoffman, principal of the Resilience Collaborative, LLC, a firm working with investors and innovators to shift capital toward equitable and scalable climate solutions across sectors

World’s Leading Institutional Investors Managing $24 Trillion Call for Carbon Pricing, Ambitious Global Climate Deal

BlackRock, CalPERS, PensionDanmark, Deutsche, South African GEPF, Australian CFSGAM, Cathay Financial Holdings among 347 investors urging heads of state to take strong action on climate change
Press Release

September 18, 2014 /3BL Media/ - Days before UN Secretary-General Ban Ki-moon convenes the Climate Summit at the United Nations to spur climate action and facilitate a global climate agreement in 2015, nearly 350 global institutional investors representing over $24 trillion in assets have called on government leaders to provide stable, reliable and economically meaningful carbon pricing that helps redirect investment commensurate with the scale of the climate change challenge, as well as develop plans to phase out subsidies for fossil fuels.

Combining Impact and Profit: Young Innovators Designing Investment Vehicles to Promote a Sustainable Future

Blog

Posted by Audrey Choi, CEO, Morgan Stanley Institute for Sustainable Investing; Christine Driscoll Goulay, Associate Director, Social Entrepreneurship Initiative, INSEAD; Jamie N. Jones, Director of Social Entrepreneurship, Kellogg School of Management, Northwestern University

Must impact investing sacrifice financial returns for social or environmental good?

Four Steps to Restore Trust in Business

Global CEOs agree on four things they can do to engage in the community and build the business
Multimedia with summary

February 24, 2014 CECP Board of Boards CEO Roundtable

Corporate Leaders Gathering to Recognize Shared Responsibility for Progress on Societal Challenges

CEOs to Attend Closed-Door Session to Discuss Actions Necessary for Impact on Pressing Community Issues
Press Release

New York, NY, November 18, 2013 /3BL Media/- CEOs who represent a movement of global senior executives whose companies have committed more than $14 billion in annual total community investment will gather for CECP’s 9th annual Board of Boards CEO Roundtable.

Investors Ask Fossil Fuel Companies to Assess How Business Plans Fare in Low-Carbon Future

Coalition of 70 investors worth $3 trillion call on world’s largest oil & gas, coal and electric power companies to assess risks under climate action and ‘business as usual’ scenarios
Press Release

BOSTON, Mass., October 24, 2013 /3BL Media/ – A group of 70 global investors managing more than $3 trillion of collective assets today launched the first-ever coordinated effort to spur 45 of the world’s top oil and gas, coal and electric power companies to assess the financial risks that climate change poses to their business plan

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