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Largest US Teachers’ Pension Fund Makes Net Zero Commitment

CalSTRS pledge follows steady increase in climate-related action taken by the pension fund.

The board of the California State Teachers’ Retirement System (CalSTRS) has committed to net-zero greenhouse gas (GHG) emissions by 2050 or sooner. The Teachers’ Retirement Board (TRB) will develop a four-part implementation framework charting the US$306.7 billion educator-only pension fund’s decarbonisation strategy. Aligning with the science-based targets of the Paris…

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