The California State Teachers Retirement System (CalSTRS) is a prominent public pension fund headquartered in the United States, specifically in West Sacramento, California. Established in 1913, CalSTRS serves over 900,000 members, primarily educators and school staff across California, making it one of the largest pension funds in the world. CalSTRS focuses on providing retirement, disability, and survivor benefits, ensuring financial security for its members. Its unique investment strategy emphasises sustainable and responsible investing, setting it apart in the pension industry. With a strong commitment to environmental, social, and governance (ESG) principles, CalSTRS has achieved notable recognition for its proactive approach to investment management. As a leader in the public pension sector, CalSTRS continues to innovate and adapt, maintaining a robust market position while prioritising the long-term financial health of its members.
How does California State Teachers 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.
Mean score of companies in the Other 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.
California State Teachers Retirement System's score of 23 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, the California State Teachers Retirement System (CalSTRS) reported total emissions of approximately 366,000 kg CO2e, comprising 179,000 kg CO2e from Scope 1 and 977,000 kg CO2e from Scope 2 emissions. The previous year, 2021, saw a total of about 3,488,000 kg CO2e, with Scope 1 emissions at 108,000 kg CO2e, Scope 2 at 864,000 kg CO2e, and significant Scope 3 emissions of approximately 3,088,000 kg CO2e, primarily from business travel and employee commuting. CalSTRS has demonstrated a commitment to sustainability, although specific reduction targets or initiatives have not been disclosed. The organisation's emissions data reflects a focus on reducing its carbon footprint, particularly in Scope 1 and 2 emissions, while also acknowledging the substantial impact of Scope 3 emissions. As a major player in the financial sector, CalSTRS is positioned to influence climate action through its investment strategies and operational practices.
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Add to project2020 | 2021 | 2022 | |
---|---|---|---|
Scope 1 | 124,000 | 000,000 | 000,000 |
Scope 2 | 919,000 | 000,000 | 000,000 |
Scope 3 | - | 0,000,000 | - |
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 State Teachers 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.