On September 24, 2024, Gov. Gavin Newsom announced that Steve Juarez, of Truckee, has been appointed to the California State Teachers’ Retirement Board. Juarez’s term dates are September 24, 2024, through December 31, 2027.

WEST SACRAMENTO, Calif. (August 1, 2024) – The California State Teachers’ Retirement System—the world’s largest educator-only pension fund—focused on climate risk disclosure during the 2024 proxy season, voting against the boards of directors at a record 2,258 companies. This is up from a then-record 2,035 companies in 2023.

As asset owners representing USD $4.6 trillion in assets, we remain deeply concerned about the investment risks posed by climate change to the economy, the markets and our portfolios. Investors encouraging companies to adopt ambitious and thoughtful plans to address climate-related risks aligns with our economic interests as long-term and diversified stewards of capital.

WEST SACRAMENTO, Calif. (March 27, 2024) – As peak proxy voting season begins, the California State Teachers’ Retirement System, the world’s largest educator-only pension fund, is pressing corporate boards to measure, mitigate and reduce methane emissions and disclose critical workforce data.

On February 16, 2024, Gov. Gavin Newsom announced that Kenneth “Ken” Tang, of Alhambra, and Karen Yamamoto, of Sacramento, have been reappointed to…

WEST SACRAMENTO, Calif. (January 11, 2024) – Christopher Ailman, chief investment officer of the California State Teachers' Retirement System, announced his retirement at the Teachers' Retirement Board Investment Committee meeting. He will continue to serve as CIO through June 30, 2024, while the board conducts a global search for his successor. Ailman has served as the CalSTRS CIO since October 2000. He is one of the longest-tenured CIOs in the world.

WEST SACRAMENTO, Calif. (August 10, 2023) – For the 2023 proxy season, the California State Teachers’ Retirement System—the world’s largest educator-only pension fund with more than $315 billion in assets—stepped up its efforts to hold companies around the globe accountable for failing to address climate change risks: CalSTRS voted against the boards of directors at a record 2,035 global companies because they did not provide necessary climate risk disclosures.

In response to the Delaware Court of Chancery’s ruling in the derivative lawsuit against Facebook, CalSTRS General Counsel Brian Bartow said the following.

WEST SACRAMENTO, Calif. (April 17, 2023) – As peak proxy voting season kicks off, the California State Teachers’ Retirement System, the world’s largest educator-only pension fund with more than $300 billion in assets, is taking stronger action against corporate boards that fail to demonstrate their commitment to appropriately managing and addressing sustainable business practices. With many global companies holding their annual general meetings in the weeks ahead, a key priority for CalSTRS is enhancing its strategy to address the risks climate change poses to its global portfolio.

WEST SACRAMENTO, Calif. (March 3, 2023) – Teachers’ Retirement Board Chair Harry Keiley issued the following statement today commemorating Allan Emkin’s nearly 40 years of service as a consultant to the California State Teachers’ Retirement System.

WEST SACRAMENTO, Calif. (February 9, 2023) – The California State Teachers’ Retirement System today released its 2021–22 Sustainability Report, an annual snapshot of CalSTRS’ organizational sustainability.

WEST SACRAMENTO, Calif. (August 31, 2022) – The Teachers’ Retirement Board today authorized a package of investment actions to enhance its efforts to achieve a net zero investment portfolio, address climate change and support the retirement security of California’s public teachers.

WEST SACRAMENTO, Calif. (June 29, 2022) – The California State Teachers’ Retirement System has taken action on a record number of shareholder proposals and board elections during the 2022 proxy season to hold corporations accountable on climate change and human capital management, including workforce diversity, racial equity audits, and the election of more diverse boards of directors.

WEST SACRAMENTO, Calif. (June 24, 2022) – The California State Teachers’ Retirement System is calling on the U.S. Securities and Exchange Commission (SEC) to strengthen proposed rules concerning climate-related disclosures—crucial for investors to measure progress toward a net zero economy—among public companies in the United States.

WEST SACRAMENTO, Calif. (March 30, 2022) – The California State Teachers’ Retirement System is implementing a new, more robust approach to corporate engagement for the 2022 proxy season. The new engagement strategy focuses on opposing the election of directors in companies that have moved too slowly to achieve greater board diversity or significantly address climate change. CalSTRS will also directly support shareholder proposals that promote further progress in reaching global net zero goals that align with the United Nations’ Race to Zero campaign and principles of the Paris Agreement.

WEST SACRAMENTO, Calif. (March 7, 2022) – At its March 2022 meeting the Teachers’ Retirement Board (board) voted to oppose Senate Bill 1173 (Gonzalez), which would prohibit CalSTRS from making additional or new investments in fossil fuel companies and require divestment from such investments by July 1, 2027.

WEST SACRAMENTO, Calif. (February 25, 2022) – The California State Teachers’ Retirement System today released its 2020–21 Sustainability Report. The report follows the Global Reporting Initiative Standards, which are recognized as a global best practice for impact reporting.