Calstrs to Vote Against Boards of Companies Failing on Diversity
(Bloomberg) -- The California State Teachers’ Retirement System will vote against board directors and corporate proposals at companies deemed to have inadequate environmental, social and governance goals. Calstrs, the second-largest U.S. pension fund, will oppose entire board slates at firms that don’t have at least one female director during this year’s proxy season, according to a statement Wednesday...
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