The Latest Breaking News from Calstrs

Chris Ailman, chief of one of the largest pension funds in the US, says he will vote against package

Tesla shareholders clash over Elon Musk's massive $56 billion pay plan. Retail investors hold the key vote on June 13.

Assemblymember Tina McKinnor refused to take up the bill in a committee, for the second year in a row, as divestment movement grows.

I remember, more than a decade ago, sitting down with a financial executive from the Church of England in a plush London office. The organization I co-founded, 350.org, had just launched its fossil fuel divestment campaign, and we were encouraging the Anglicans to join in, on the grounds that Exxon…

California has some of the nation’s leading climate policies, with hard deadlines to slash greenhouse gas emissions, switch to zero-emission cars and trucks and get 100% of its electricity from carbon-free sources. But so far, its leaders have lagged behind other states, like Maine and New York, in using another…

SACRAMENTO, Calif. — California’s two giant pension systems lost a couple billion dollars more than was previously reported in the volatile markets of the first half of this year.

California lawmakers turned to the state’s two giant pension systems to punish Russia when the country invaded Ukraine in February, urging the funds to sell off Russian holdings.

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.