Mergers & Acquisitions names the 2021 PE Innovators in ESG, including, The California Public Employees’ Retirement System.
The California Public Employees’ Retirement System commitment to ESG isn’t just theoretical. The pension fund has pledged time and resources to help Carlyle lead a group of about a dozen asset managers with $4 trillion in investments in tow to standardize collection metrics. The push is typical of Calpers’ proactive approach to sustainability. In 2016, the limited partner set environmental goals across fixed income, private equity, real assets, and equities in line with the United Nation’s six principles for responsible investing.