New York State to Divest Pension Fund from Fossil Fuels

Tom DiNapoli, Comptroller of the State of New York, who has sole charge of the $226 billion Common Retirement Fund, announced today a four-year plan to analyze all of the fund’s fossil fuel holdings and divest from those that have no real transition plans to get out of fossil fuel production or that are not aligned to the goals of the 2015 Paris Climate Accord.

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Stand with the Students on January 30th

Last May, our youth allies committed to attend every CalSTRS board meeting until the fund agrees to divest from fossil fuels. Since then, CalSTRS has refused to include any of the students’ testimonies in the public record and has continued to lose teachers’ retirement savings by investing in the climate crisis. On Thursday, January 30th, join…

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Op Ed: This is NOT the New Normal

My home burned in the 2017 Tubbs Fire. I appreciate the concern of friends who wonder how the recent Kincade fire is affecting me. I empathize with those who live in the inferno’s path who will experience years of grief and disorientation. But my visceral reaction is anger and frustration at our collective inability to…

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November 6th: Add Momentum to the Divest CalSTRS Movement

Email today to protect teachers’ pensions and our planet!   Take action: Email or join us in Sacramento, November 6th. A coalition of active and retired teachers, students, and concerned citizens have been asking CalSTRS to divest from fossil fuels – to protect our pensions, and our future – but the Board has yet to change…

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CalSTRS Studies ESG (Again): Deeper Dive is Needed

Seeking more insight into CalSTRS’ ongoing plans for sustainable investing, Divest CalSTRS Team Lead Jane Vosburg and FFCA Executive Director Vanessa Warheit drove down to San Diego early in October to attend the CalSTRS offsite, for a full day of discussion on the “Transition to a Low Carbon Economy”.  On Thursday, October 3. Director of…

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Teachers, Save the Planet and Your Pension!

On Thursday, July 11, the Divest CalSTRS campaign is gathering CalSTRS members at the Investment Committee meeting in Sacramento, to demand divestment of our pension from toxic fossil fuels. We would especially like to include active teachers (who are usually unable to come, during the school year). We hope you’ll be able to join us. Plan to…

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An Open Letter to the CalSTRS Investment Committee

Dear Members of CalSTRS Investment Committee: During the May 8 Investment Committee meeting, Chris Ailman reiterated his words of five years ago that the Investment Committee and CalSTRS’ staff needed further education about the risks and opportunities that the climate crisis presents to the CalSTRS’ portfolio. Unfortunately, your time has run out. Now is the…

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Students: Tell CalSTRS to Take Action on Climate

They’ve Got The Whole World In Their Hands Young people worldwide are rising to defend their future from climate catastrophe. Let’s invest in protecting their future! Students, teachers, and parents: join us to attend the CalSTRS Investment Committee meeting in West Sacramento on Wednesday, May 8, 2019. Some students will make public comments before the…

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Divest CalSTRS Launches New Campaigns with Unions

FFCA’s Divest CalSTRS team has been making public comments at CalSTRS Investment Committee meetings for almost five years. We have consistently urged CalSTRS to divest its fossil fuels investments, now estimated at $6.45 Billion (3% of portfolio), for financial as well as moral reasons.  CalSTRS’ response has been to insist that engaging with fossil fuel…

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Tell CTA: Put STRS Divestment on the Agenda

The Divest CalSTRS campaign of Fossil Free California (FFCA) needs your immediate help. We have asked your CTA district director to include as an action item at their upcoming meeting on January 15, a proposal that CalSTRS divest from fossil fuels. The CTA directors need to hear from a large number of CTA members before the 15th to convince them to take the necessary action.

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