Duirng the reporting year, Investment managers were invited to present on environmental risks, how these risks could impact investmemnt value, and what portfolio managers could do to mitigate risk exposure.
The CalSTRS Green Team met regularly to share environemtnal risks management practices. External manager engagement on ESG integration was the principal topic of discussion.
Throughout the reporting year, investment staff attended numerous conferences and meetings that covered a variety of ESG-related efforts. Examples include, Ceres conference, US SIF conference, PRI conference, and Investor Network in Climate Risk meetings.
CalSTRS Green Team Report has addittional information.