Divestment - Tobacco: divest from all tobacco stocks and bonds.
Divestment - Sudan and Iran Acts: identify, monitor, and ultimately divest from companies with business activities in Iran/Sudan, unless exempt on humanitarian grounds, subject to the plan's fiduciary duty which requires that risks and returns take primacy.
Holocaust Era and Northern Ireland: monitor and annually report on investment holdings in companies and their affiliates doing business in California and owe compensation to victims of slave or forced labor during World War II.
Divestment Assault Weapon Manufacturers: divest from manufacturers of firearms that are banned for sale in California.
Divestment - Thermal Coal Companies Act: engage publicly traded coal companies that generate 50% or more revenue from mining thermal coal. If engagement is not successful, CalPERS is required to divest.
Governance and Sustainability Principles Screen - emerging market companies are evaluated relative to Global Governance and Sustainability Principles and removed from benchmark consideration if any Principles are violated
CalPERS’ Total Fund Divestment policy states our preference for constructive engagement over divestment.