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CalPERS’ Proxy Voting Holds Global Companies Accountable for Climate-Related Risks, Board Independence, and Executive Compensation

Scenic image of CalPERS building for Member's Guide article

The California Public Employees’ Retirement System (CalPERS) continued its efforts in 2023 to hold companies it invests in accountable in several critical areas including: director accountability, board independence, executive compensation, and oversight of climate-related risks.

The newly released 2023 Proxy Season Wrap-Up (PDF) provides insight into how CalPERS voted in nearly 32,000 elections.

More details can be found in our news release.