On August 15, 2011, CalPERS Investment Committee held a workshop to examine how best to integrate environmental, social and governance (ESG) factors into the pension fund's investment process in order to enhance risk management. Environmental, social and governance issues -- known as ESG -- can affect the financial performance and long-term value of companies and investments. For the past year, the CalPERS Investment Office has been developing a comprehensive plan to implement ESG into investment decision-making across all asset classes. During the workshop, CalPERS Investment Office gained Board input on priorities and the development of an ESG integration plan.
Transcript: http://www.calpers.ca.gov/eip-docs/investments/video-center/view-video/esg-wr...
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