The Latest Breaking News from CalPERS

Tiger 'cub' Chase Coleman III's firm backed the equivalent of a startup a day in 2021 at wild prices, helping inflate a venture bubble. Now the firm is facing a reckoning.

House Judiciary Committee Chairman Jim Jordan (R-Ohio) requested documents late last year from the California Public Employees’ Retirement System (CalPERS), the largest public pension system in the country, and Ceres, a nonprofit group that advises CalPERS on environmental matters. The committee is seeking information about CalPERS’ ESG efforts and the…

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the environmental, social, and corporate governance (ESG) trends and events that characterize the growing intersection between business and politics.

Assemblymember Tina McKinnor refused to take up the bill in a committee, for the second year in a row, as divestment movement grows.

California could soon divest its public pensions from fossil fuel companies, as the state legislature looks to force the nation’s largest non-federal retirement funds to sell off nearly $15 billion in assets.

I remember, more than a decade ago, sitting down with a financial executive from the Church of England in a plush London office. The organization I co-founded, 350.org, had just launched its fossil fuel divestment campaign, and we were encouraging the Anglicans to join in, on the grounds that Exxon…

In California, officials are pushing pension funds to divest from fossil fuels, firearms manufacturers, and tobacco companies. Red states are retaliating. This is madness.

California officials are notifying state retirees and other beneficiaries whose personal information has been stolen

California has some of the nation’s leading climate policies, with hard deadlines to slash greenhouse gas emissions, switch to zero-emission cars and trucks and get 100% of its electricity from carbon-free sources. But so far, its leaders have lagged behind other states, like Maine and New York, in using another…

Akio Toyoda, grandson to Toyota's founder, was slow to embrace electric cars during his time as CEO.

After 10 weeks of workers walking the picket line, core issues regarding patient care remain unresolved.