Future Proofing Sustainability Reporting for CalSTRS
Overview:
The California State Teachers' Retirement System (CalSTRS) is the nation's second largest public pension fund with assets totaling approximately $246 billion as of June 30, 2020. As a leader among its peers, CalSTRS strives to stay on top of the constantly evolving CSR/ESG frameworks. Most recently, CalSTRS relied upon KERAMIDA’s expertise to future proof their reporting practices.
Project Details:
During our latest engagement with CalSTRS, KERAMIDA reviewed the CalSTRS 2018-2019 Sustainability Report and existing materiality assessment (3 material topics – Path to Full Funding, Member Retirement Preparedness, and Information Security) and presented our findings and recommendations to CalSTRS’ leadership team about:
adoption of best practices with respect to demonstrating adherence to the GRI reporting principles and alignment with the GRI Standards;
wide-ranging stakeholder engagements and methods of capturing and quantifying feedback in ways other than by surveys.
strategies for integrating other reporting frameworks such as SASB and TCFD; and
potential material topics which signal their long-term view and the transition to a low-carbon economy.
Related Services:
KERAMIDA offers a wide variety of Greenhouse Gas (GHG) services to clients worldwide, including multi-facility industrial clients, industrial associations, law firms, and state organizations. Our experienced team of GHG experts provide carbon footprint evaluations, GHG inventories, GHG monitoring plans, and training.
