The long-serving CalSTRS CIO, who retires June 30, used the pension giant’s financial heft to press companies toward more sustainable paths.
Although seldom apparent in financial statements, environmental, social and governance deficiencies can come out of nowhere and slam investors.
Analysts at the celebrated research shop say value will come to the fore during the upcoming recession.
Even though the stock market took a nasty fall, companies eagerly paid for their own shares.
Exxon and its kin were laggard stocks for a long time, but now they enjoy flush revenue and strong share prices. The bet: Their clean fuels may give them better stability.
The governor contends that applying climate and racial sensitivity to asset allocation could harm financial performance.
Previous energy sector reviews have so far led the $272 billion pension fund to divest from 55 companies.
Although the state's funds are hardly a hotbed of climate activism, DeSantis joins other GOP pols in opposing ‘woke capital.’
Protesting working conditions at the e-commerce giant’s warehouses, the city and state funds urge no votes on reelecting board members.
To Britt Harris, Marcus Frampton, and Sean Bill, big forces are aligned to buoy energy costs for a while.
