Posts Tagged ‘CalSTRS’

CalSTRS features Fossil Free California

CalSTRS recently published its annual Sustainability Report, and it shows that the world’s largest teachers’ pension fund is increasingly aware of the significance of divestment. While the report continues to emphasize the current CalSTRS policy of shareholder engagement, the divestment movement receives a full and fair treatment. This page features our work at Fossil Free California. One section of the…

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Watch Live Video of CalSTRS Investment Committee

The Investment Committee of CalSTRS meets all day Friday, April 8 in Sacramento, beginning around 9 am. The Committee will consider a number of important items and policies. This meeting coincides with the newly released risk report on the Fund’s exposure from investments in fossil fuels. [ExxonMobil is CalSTRS’ 6th largest investment]. Fossil Free California’s …

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Rebuttals to an Anti-Divestment Op-Ed: Consider the Source

Fossil Free California and other climate activists are refuting a recent op-ed by William Shughart and Robert Wardle of Strata Institute that opposes CalSTRS’ divestment from thermal coal. As RL Miller of Climate Hawks Vote points out, “People need to know that this isn’t random – Strata is funded by Koch.” Shughart and Wardle’s guest…

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Record your Views! Send a Video "Selfie" to CalSTRS

Video Selfies for CalSTRS Fossil Free California is collecting quick videos to show at the CalSTRS investment committee meeting in Sacramento on April 6. California teachers’ pension fund (CalSTRS) voted  in February 2016 to divest from US coal companies. It’s time to Divest from ALL fossil fuels! In a brief video selfie, tell CalSTRS why they…

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CalSTRS: Divesting from coal is not enough!

Climate risk is the number one threat facing the world; it’s also the number one risk to the global economy. The largest teachers’ pension fund in the United States, CalSTRS, recently voted unanimously to divest from US thermal coal—an important step in reducing carbon emissions. However, CalSTRS’ $1.5 million divestment from coal is overshadowed by…

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CalSTRS Divests from Thermal Coal

On February 3, the Board of the California State Teachers’ Retirement System unanimously passed a motion to divest from U.S. thermal coal companies and to initiate engagement with non-U.S. companies. The motion was made by Board member and State Controller Betty Yee and seconded by State Treasurer John Chiang’s representative. The financial impact of the…

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New Year's resolutions for a 1.5° world

  I’ve been watching videos of COP21 panels and press briefings I missed or couldn’t get into in Paris, and the shift in tone—from something like grim determination early in the conference to relief and euphoria at the end—is really striking. Everyone knew that holding global warming to 2°C. would be painful and deadly, but…

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From Oakland to Paris and beyond

For the last two weeks, the climate movement has topped the news, from Oakland to Paris to Melbourne. Leading up to the UN climate talks, hundreds of thousands of people rallied and marched, insisting that the world leaders at COP21 maximize their commitments to a carbon-free future. Altogether, there were more than 2,300 events around the world, and nearly…

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Preparing to march for the climate

Climate activists are focused on the upcoming United Nations Conference on Climate Change, planning for marches and rallies in Paris, Washington, Tokyo, Oakland, and dozens of other cities around the world. Political leaders are meeting for two weeks to discuss a potential new global agreement on climate change. The conference begins in Paris on November 30, in what…

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Brown signs SB 185: Divest coal!

Governor Jerry Brown signed Senate Bill 185 today. Our two state pension funds are now required to purge their portfolios of that most pernicious of fossil fuels, coal. It’s time to celebrate! The enactment of SB 185 is an enormous step forward for the divestment movement—in fact, for the entire climate movement—because CalSTRS and CalPERS are the largest state…

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