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CalSTRS Exaggerates Costs of Divestment
CalPERS and CalSTRS manage portfolios worth $466 billion and $323 billion, respectively, so it’s natural for these public pension funds to throw around large numbers. But evidence from the funds…
Read moreCalSTRS Tunes Out Teachers to Engage with Exxon
The California State Teachers’ Retirement System (or, CalSTRS) prides itself on its shareholder engagement with fossil fuel companies. However, by spending their resources, time, and energy on connecting with oil giants like Exxon, CalSTRS has failed to engage with the shareholders who matter most: their own.
Read moreCalPERS’ Portfolio Harbors Nearly $45 Billion in Stranded Fossil Fuel Assets
Photo Courtesy of Wikimedia Commons As we transition towards a sustainable society, the country’s largest public pension fund claims to be doing its part. CalPERS (the California Public Employees’ Retirement…
Read moreTo Help Ukraine, Will Pensions Divest From Unethical Fossil Fuels?
San Francisco & California pension funds: divest from both fossil-fuels and dictators! Many of us have been watching the images of terrible destruction and heartbreak from Ukraine. Have you wondered how President…
Read moreClimate Justice Coalition Cheers as Senator Gonzalez Introduces Pension Fossil Fuel Divestment Bill
Today, Senator Lena A. Gonzalez (D-Long Beach) introduced SB 1173 — the Fossil Fuel Divestment Act — in the California state legislature. The bill would mandate that California’s public pension…
Read moreFrom COP26 to The Ministry for the Future: Review of an Evening with Kim Stanley Robinson
Sci-fi legend Kim Stanley Robinson is on a mission to do everything he can to save the planet we call home, firstly by writing climate fiction novels and then by…
Read moreCalSTRS Loses Over $1.63B on Fossil Fuel Stocks Since July 2019
The California State Teachers’ Retirement System (CalSTRS) has lost over $1.63B since July 2019 from investments in fossil fuel companies, according to new analysis by Fossil Free California.
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