Calpers labels Chevron and Saudi Aramco as climate investments
California’s largest pension fund has a climate portfolio that includes 52 of the world’s largest greenhouse gas emitters.
Marcie Frost
Calpers CEO Marcie Frost began her working life as a clerk typist. Today she steers America’s largest public pension fund, ...
A California union boss thought his $300K salary would count toward his pension. Here’s why it won’t
Pay based on perks that California cops don't perform while they're on union leave can't count toward their CalPERS pensions, ...
Pensions & Investments2d
CalPERS returns 9% for calendar year 2024, below benchmark
For the year ended Dec. 31, the Russell 3000 index returned 23.1%, while the MSCI EAFE index returned 3.8%. Public equities, ...
CalPERS to keep its telework policy after Gavin Newsom orders return to office
The California Public Employees’ Retirement System exerted its autonomy from the governor by informing its workers that the agency will maintain its current policy.
Calpers calls fossil fuel stakes ‘climate-friendly’
The United States' largest pension fund has classified more than US$3bil of holdings in oil drillers, coal miners, and other ...
IPE Real Assets4d
CalPERS approves $1.8bn in new real assets commitments
California Public Employees Retirement System (CalPERS) has added $1.8bn (€1.7bn) worth of investments to its real assets ...
Press-Telegram3d
Calpers labels Chevron and Saudi Aramco as climate investments
The group, which has called for Calpers to divest its climate solutions portfolio holdings of major oil and gas companies, is staging protests Tuesday at Chevron’s San Francisco Bay Area ...