Monthly Archives: February 2018
Some rallied activists and environmentalists turned up the heat this year on divestment efforts across the nation targeting pension funds, endowments, and institutions that have fossil fuel holdings as part of a broader, diverse stock portfolio.
The California State Teachers’ Retirement System (CalSTRS) quickly became a top-target for divestment supporters. CalSTRS released a short video explaining its reasoning not divesting and its mission to engage with companies.
CalSTRS rightfully notes, “Divestment undermines our long-term strategy and increases risk.” If pension … Read More