CalSTRS is Lead Investor on Energy Productivity Index for Companies Project – CalSTRS.com

The California State Teachers’ Retirement System today announced its involvement with the Energy Productivity Index for Companies, a new project that will establish the first global energy productivity benchmark for listed industrial companies. The project was officially launched today in New York.

The project is a partnership between CalSTRS, ClimateWorks Australia and the US-based ClimateWorks Foundation. CalSTRS is participating in the project as lead investor, providing valuable industry knowledge as well as a portfolio of companies to demonstrate the analysis and engagement methodology.

CalSTRS Portfolio Manager, Corporate Governance, Brian Rice said, “Improving energy productivity is a business tactic with growing importance. It is associated with mitigating carbon pollution – which in turn reduces business risk. The project will demonstrate the process investors need to implement to identify and engage with companies and succeed in improving energy productivity performance.”

via CalSTRS is Lead Investor on Energy Productivity Index for Companies Project – CalSTRS.com.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s