Posts Tagged ‘divestment’
CalSTRS Tunes Out Teachers to Engage with Exxon
The California State Teachers’ Retirement System (or, CalSTRS) prides itself on its shareholder engagement with fossil fuel companies. However, by spending their resources, time, and energy on connecting with oil giants like Exxon, CalSTRS has failed to engage with the shareholders who matter most: their own.
Read moreCalPERS’ Portfolio Harbors Nearly $45 Billion in Stranded Fossil Fuel Assets
Photo Courtesy of Wikimedia Commons As we transition towards a sustainable society, the country’s largest public pension fund claims to be doing its part. CalPERS (the California Public Employees’ Retirement…
Read moreTo Help Ukraine, Will Pensions Divest From Unethical Fossil Fuels?
San Francisco & California pension funds: divest from both fossil-fuels and dictators! Many of us have been watching the images of terrible destruction and heartbreak from Ukraine. Have you wondered how President…
Read moreClimate Justice Coalition Cheers as Senator Gonzalez Introduces Pension Fossil Fuel Divestment Bill
Today, Senator Lena A. Gonzalez (D-Long Beach) introduced SB 1173 — the Fossil Fuel Divestment Act — in the California state legislature. The bill would mandate that California’s public pension…
Read moreSanta Monica Youth Call Out CalSTRS’ Harry Keiley
### On August 14th at 10 AM on the Third Street Promenade in Santa Monica, youth from all over Los Angeles will be demonstrating against the California Teachers’ Retirement Association…
Read moreCalSTRS Loses Over $1.63B on Fossil Fuel Stocks Since July 2019
The California State Teachers’ Retirement System (CalSTRS) has lost over $1.63B since July 2019 from investments in fossil fuel companies, according to new analysis by Fossil Free California.
Read moreNext step for SB 185: contact your Assembly Member
Following passage by the California Senate, the coal divestment bill (SB 185) is now being considered by the California Assembly. The first hurdle is the Committee on Public Employees, Retirement, and Social…
Read moreCalSTRS rally for teachers and students
On June 12, the Fossil Free California rally at CalSTRS headquarters drew 50 protesters, an extraordinary number for an 8:15 am gathering on a weekday in West Sacramento. Thanks to the…
Read moreTeachers' unions support divestment
by Carlos Davidson California, famous worldwide for its leadership on climate change, is making big news in fossil fuel divestment, and it is doing it with some surprising union support. The…
Read moreState Senate passes SB 185 to divest coal
Today the California State Senate made history, passing SB 185 by a large margin, 22–14. The bill calls for the nation’s two largest state pension funds, the California Public Employees’ Retirement System (CalPERS)…
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