Risk
CalSTRS Votes on Record Number of Shareholder Proposals
The $315 billion pension fund has voted on more than 1,000 shareholder proposals during the 2022 proxy season, many of them climate-related.
The $315 billion pension fund has voted on more than 1,000 shareholder proposals during the 2022 proxy season, many of them climate-related.
The pension giants would have to sell off more than $9 billion combined in assets by 2027.
Private and public equity gains of 51.9% and 41.8% boosted the fund’s asset value to $308.6 billion.
Although shareholders voted against Management Proposal 5, the directors remain.