CalSTRS sets sustainability as strategic priority in 10-year plan
A focus on a sustainable organisation is one of three pillars in the $312 billion CalSTRS’ new five year strategic plan, as it also reveals progress on its net zero plan.
A focus on a sustainable organisation is one of three pillars in the $312 billion CalSTRS’ new five year strategic plan, as it also reveals progress on its net zero plan.
Many investors will welcome Carl Icahn’s attempt to force the board of McDonalds to change its policy on cruelty in pig farming. Jeremy Coller, founder and chair of the FAIRR Initiative,argues slow movement on gestation crates is as much an investment risk as it is an issue of animal welfare.
It is not war between Russia and Ukraine that investors should be concerned about, according to Professor Stephen Kotkin, but the destabilising effects of Russia’s actions that could impact globalisation and harm the west. Watch this video interview with Princeton University's geopolitical expert.
CalSTRS' long-time CIO, Chris Ailman, is cautious about the outlook for markets with his "spider senses" working over time trying to understand the hidden risks in the economy. He told Amanda White the fund will focus the year on allocating to diversifying strategies and climate solutions.
It is fundamental that asset owners contribute feedback to the prototypes on climate and general sustainability disclosures issued by the International Sustainability Standards Board (ISSB) according to Janine Guillot, special adviser to the ISSB chair.
Asset allocators should prioritise creating their own accountability system for diversity, equity and inclusion in 2022 according to Jason Lamin founder and chief executive of DEI specialist Lenox Park Solutions.
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