CalPERS launches sustainability factor SRI database
The California Public Employees’ Retirement System (CalPERS) and its academic partners have launched a searchable database of more than 700 academic studies on sustainability factors that examine the impact of these factors on investment risk and return. The database is believed to be the most comprehensive collection of research of its kind.
“We are undertaking research to assess how sustainability issues impact all CalPERS investments,” said Anne Simpson, CalPERS senior portfolio manager and director for Global Governance. “With this knowledge, we will be better able to define what is relevant and better understand investment risks and returns.”
The database of ESG research will continue to grow as more research is conducted on these issues.
CalPERS is the largest public pension fund in the US with approximately $260bn in assets.