California Public Employees Retirement System
The California Public Employees Retirement System (CalPERS), headquartered in the United States, is a leading public pension fund that serves over 1.9 million members. Established in 1932, CalPERS has become a cornerstone of the public sector retirement landscape, primarily operating in California but also influencing national pension policies. As a key player in the financial services industry, CalPERS manages a diverse portfolio of investments, focusing on sustainable and responsible investment strategies. Its unique approach to pension fund management, emphasising long-term growth and risk mitigation, sets it apart from other retirement systems. With a market position as one of the largest pension funds in the world, CalPERS has achieved notable milestones, including significant advancements in environmental, social, and governance (ESG) investing. This commitment to responsible stewardship continues to enhance its reputation and impact within the public sector.
DitchCarbon Score
How does California Public Employees Retirement System's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
California Public Employees Retirement System's score of 29 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
California Public Employees Retirement System's reported carbon emissions
As of the latest available data from 2022, the California Public Employees Retirement System (CalPERS) reported carbon emissions of approximately 44,000 kg CO2e from Scope 2 and about 14,371,000 kg CO2e from Scope 3. This reflects a slight decrease in Scope 2 emissions from 2021, where they were about 556,000 kg CO2e, while Scope 3 emissions decreased from approximately 13,690,000 kg CO2e in the same year. Over the years, CalPERS has shown fluctuations in its emissions, with Scope 3 emissions peaking at about 17,458,000 kg CO2e in 2020. The organisation has not disclosed any specific reduction targets or initiatives aimed at decreasing its carbon footprint, nor has it made any formal climate pledges. CalPERS continues to monitor its emissions, focusing on Scope 2 and Scope 3, which are critical for understanding its overall environmental impact. The absence of defined reduction targets suggests a need for further commitment to climate action within the organisation.
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Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - | - | - |
| Scope 2 | 307,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 1,400,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
California Public Employees Retirement System is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
