Pension funds get cracking on diversity
The diversity problem in the industry is large. Investors know this, the challenge is how to fix it. Now a handful of funds are showing exactly how its done.
The diversity problem in the industry is large. Investors know this, the challenge is how to fix it. Now a handful of funds are showing exactly how its done.
The diversity problem in the industry is large. Investors know this, the challenge is how to fix it. Now a handful of funds are showing exactly how its done.
Encouraging the widespread corporate adoption of a majority-voting standard, promoting diversity on boards and collaborating to improve the way funds report environmental performance are just some of the focuses of the CalSTRS corporate governance team. Anne Sheehan, CalSTRS’ director of corporate governance, talked exclusively with top1000funds.com about what the key issues are for the self-described
The two large Californian public funds, CalPERS and CalSTRS, recently collaborated to help develop a new digital resource dedicated to finding untapped diverse talent to serve on corporate boards. Director of corporate governance at CalSTRS, Anne Sheehan (pictured), discusses the need for such a resource, and why collaboration is such a key component of corporate
Sustainability Digital – March 2021