CalSTRS focuses on methane emissions reduction, companies' workforce disclosures in 2024 proxy seasonWEST 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.
CalSTRS highlights long-standing commitment to sustainability, resiliency in annual reportWEST SACRAMENTO, Calif. (February 26, 2024) – The California State Teachers’ Retirement System has released its 2022–23 Sustainability Report, an annual snapshot of organizational sustainability, which helps build a strong foundation for future success and ensures CalSTRS will be here for California's public educators when they are ready to retire.
Reappointments to Teachers’ Retirement BoardOn February 16, 2024, Gov. Gavin Newsom announced that Kenneth “Ken” Tang, of Alhambra, and Karen Yamamoto, of Sacramento, have been reappointed to…
CalSTRS CIO Christopher J. Ailman announces retirementWEST 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.
CalSTRS earns best place to work in money management honor for ninth timeWEST SACRAMENTO, Calif. (December 11, 2023) – For the ninth year, Pensions & Investments magazine has named the California State Teachers’ Retirement System one of the Best Places to Work in Money Management.
CalSTRS selects Julie Donegan as Real Estate investment directorWEST SACRAMENTO, Calif. (September 6, 2023) – The California State Teachers’ Retirement System, the world’s largest educator-only pension fund, is pleased to announce the promotion of Julie Donegan to Real Estate investment director.
CalSTRS escalates efforts to hold global companies accountable for not adequately disclosing climate change risks; votes against 2,035 boards of directors in proxy season 2023WEST 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.
CalSTRS earns 6.3% net return in fiscal year 2022–23WEST SACRAMENTO, Calif. (July 27, 2023) – The California State Teachers’ Retirement System (CalSTRS) today announced a 6.3% net return on investments for the 2022–23 fiscal year, ending with the total fund value at $315.6 billion as of June 30, 2023.
CalSTRS statement on Facebook caseIn response to the Delaware Court of Chancery’s ruling in the derivative lawsuit against Facebook, CalSTRS General Counsel Brian Bartow said the following.
Teachers' Retirement Board reelects Keiley as chair, names Bradford new vice chairWEST SACRAMENTO, Calif. (May 4, 2023) – At the Teachers’ Retirement Board meeting on May 3, the trustees of the California State Teachers’ Retirement System reelected Harry Keiley as chair and elected Denise Bradford as vice chair of the board for the fiscal year 2023–24 term.
Net zero pledge, climate change and board diversity highlight CalSTRS’ priorities for proxy season 2023WEST 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.
CalSTRS selects Lamont King as first deputy general counselWEST SACRAMENTO, Calif. (March 23, 2023) – The California State Teachers’ Retirement System, the world’s largest educator-only pension fund, is pleased to announce the selection of Lamont King as its first deputy general counsel.
Statement on Allan Emkin's nearly four decades of service to CalSTRSWEST 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.
CalSTRS focuses on sustainability, resiliency for long-term successWEST 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.
CalSTRS announces Jimenez, DiRe as new senior investment directorsWEST SACRAMENTO, Calif. (January 30, 2023) – The California State Teachers’ Retirement System is pleased to announce the appointments of Geraldine Jimenez as senior investment director of public markets and Mike DiRe as senior investment director of private markets.
Governor announces reappointment of Prezant to Teachers’ Retirement BoardWEST SACRAMENTO, Calif. (January 23, 2023) – The California State Teachers’ Retirement System today announced that Governor Newsom has reappointed William Prezant to a four-year term on the Teachers’ Retirement Board.
CalSTRS named a best place to work in money management for eighth timeWEST SACRAMENTO, Calif. (December 12, 2022) – For the eighth year, Pensions & Investments magazine has named the California State Teachers’ Retirement System one of the Best Places to Work in Money Management.
CalSTRS announces LeBlanc as new retirement readiness directorWEST SACRAMENTO, Calif. (November 7, 2022) – The California State Teachers’ Retirement System, the world’s largest educator-only pension fund, is pleased to announce the hiring of Kate LeBlanc as retirement readiness director.
CalSTRS’ board sets science-based emissions goal for 2030 and commits to additional net zero actionsWEST 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.
CalSTRS finishes with -1.3% return, beats total fund benchmark in volatile fiscal year 2021–22WEST SACRAMENTO, Calif. (July 29, 2022) – The California State Teachers’ Retirement System (CalSTRS) today announced a -1.3% net return on investments for the 2021–22 fiscal year, ending with the total fund value at $301.6 billion as of June 30, 2022. The 2021–22 return, CalSTRS’ first negative return since 2009, reflects the ongoing volatility of global financial markets impacted by inflation, rising interest rates, the COVID-19 pandemic and the war in Ukraine.
CalSTRS advances net zero progress, climate change action and human capital management during proxy seasonWEST 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.
CalSTRS calls on SEC to require stricter climate disclosuresWEST 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.
CalSTRS announces Cervantes-Dietz as new chief auditorWEST SACRAMENTO, Calif. (June 15, 2022) – The California State Teachers’ Retirement System is pleased to announce the promotion of Cheryl Cervantes-Dietz as chief auditor.
Teachers’ Retirement Board reelects chair Keiley, vice chair HendricksWEST SACRAMENTO, Calif. (May 9, 2022) – At the Teachers’ Retirement Board meeting on May 4, the trustees of the California State Teachers’ Retirement System (CalSTRS) reelected Harry M. Keiley as chair and Sharon Hendricks as vice chair of the board for the fiscal year 2022–23 term.
CalSTRS will escalate proxy votes to achieve board diversity, net zero progress and climate change actionWEST 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.
CalSTRS launches modernized websiteWEST SACRAMENTO, Calif. (March 10, 2022) – The California State Teachers’ Retirement System today debuted a redesigned website offering an improved search function, simplified navigation and a modern style: CalSTRS.com. The new design focuses on California’s public school educators and their beneficiaries.
The Teachers’ Retirement Board opposes legislative proposal on fossil fuel divestmentWEST 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.
CalSTRS reports on corporate sustainability and resiliencyWEST 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.
Sign up for email updatesCalSTRS offers updates on a variety of topics. Subscribe or update current subscriptions by entering your email address.