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Calstrs to Oppose Boards at Companies Slow on Climate, Diversity

March 30, 2022, 7:39 PM

California State Teachers’ Retirement System said it will implement a corporate engagement strategy that focuses on opposing the election of directors in companies that have “moved too slowly to achieve greater board diversity or significantly address climate change.”

  • To directly support holder proposals that promote progress in reaching global net zero goals that align with United Nations’ Race to Zero campaign and principles of Paris Agreement
  • As part of strategy, Calstrs will vote against entire board of companies that don’t have at least one woman on the board, among other measures
  • NOTE: Sell Stocks on Inflation and Russia War, Calstrs ...