LACERA actively monitors and aims for continuous improvement in its adherence to the Principles for Responsible Investment, including prudently applying the Principles in its ESG integration efforts, encouraging broader adoption of the principles among peers, and reports and discussion with the LACERA Board of Investments.
LACERA participates on the PRI's Private Equity Advisory Committee to promote further practical ESG integration within the private equity asset space.
LACERA participates on the Western North American Advisory Committee to encourage dialogue among regional signatories on best practices and initiatives. LACERA was pleased to see the Advisory Committee successfully convene a regional PRI meeting here in Los Angeles, at which our CIO provided comments on an opening panel discussion. LACERA is actively encouraging more regional dialogue on ESG-related matters.
LACERA occasionally provides feedback and input on PRI reports and tools, such as PRI’s PACTA tool and the forthcoming updated LP guide.
LACERA advocates broader adoption of the PRI through speaking with peer funds (one of which recently became a signatory to the PRI) and speaking at PRI’s annual and regional events.