The California Public Employees’ Retirement System (CalPERS) today announced that it has been nominated for the Best Responsible Investment Report by a Large Pension Fund by Responsible Investor for its recent publication Toward Sustainable Investment: Taking Responsibility. CalPERS is the only US fund nominated for an award in all pension categories.
“CalPERS is honored to be nominated for this award amongst such a well respected group of global funds,” said Anne Simpson, CalPERS Senior Portfolio Manager and Director of Global Governance. “CalPERS has a proud history of leadership and innovation in sustainable investing, and Toward Sustainable Investment is an accomplishment we are tremendously proud of.”
Responsible Investor, a respected sustainable finance and governance news source, will announce the winner at the RI Reporting Awards during its London summit on June 11. The Awards are based on research of more than 1,000 pension funds from around the world and recognize those funds that are most transparent about how they are putting responsible investment into action.
CalPERS released “Toward Sustainable Investment,” its first report on environmental, social and governance work, in 2012. The report explains the fiduciary framework CalPERS has adopted to integrate sustainability across the total fund, illustrates recent achievements, and outlines a vision for the future.
CalPERS is the largest public pension fund in the U.S. with approximately $260 billion in assets. The retirement system administers retirement benefits for more than 1.6 million current and retired California State, public school, and local public agency employees and their families on behalf of more than 3,000 public employers in the state, and health benefits for 1.3 million enrollees. For more information about CalPERS, visit www.calpers.ca.gov.