The Test of Time: Adapting to a New Era of Executive Compensation

In 2018, CalPERS voted against 45.4% of the S&P 500 on Say on Pay, according to corporate governance nonprofit As You Sow. These results are drastically higher than in previous years, as its five-year average for opposing Say on Pay votes was 16%. According to Simiso Nzima, Investment Director of Global Equity at CalPERS, among…

CalPERS examines adopting SDGs | Top1000Funds.com

The board of CalPERS has directed staff to look into aligning its $357 billion portfolio with the UN’s sustainable development goals.The largest pension fund in the US is already one of the global leaders in engaging with companies on ESG risks, but by adopting the UN SDGs it would embrace more specific social objectives, such…

Chief Investment Officer – Small Pension, Big Punch

It may have a staff of 10—and only two of those are investors—but a small public pension in a quiet corner of the UK is officially one of the most influential environmental, social, and governance (ESG) investors in the world. The £2.7 billion ($4 billion) Environment Agency Pension Fund has ranked among some of the…

CalPERS joins Dutch corporate governance platform Eumedion | News | IPE

Eumedion, the Dutch corporate governance and sustainability platform for institutional investors, has welcomed the California Public Employees Retirement System (CalPERS) as its newest member. Rients Abma, Eumedion’s director, said: “As a reputable player, CalPERS will add weight to our efforts to improve corporate governance and sustainability at Dutch listed companies, as well to our influence…