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The California State Teachers Retirement System (CalSTRS), headquartered in the United States, is a prominent entity within the Other Services (93) industry. Established in 1913, CalSTRS serves as a vital retirement fund for California's educators, managing a substantial portfolio to ensure financial security for its members.
With a focus on providing retirement, disability, and survivor benefits, CalSTRS stands out for its commitment to sustainable investment practices and member engagement. The system has achieved significant milestones, including being one of the largest public pension funds in the world, which underscores its market position and influence.
CalSTRS is dedicated to supporting over 900,000 members, making it a cornerstone of financial stability for California's teaching professionals. Its unique approach to investment and member services continues to set it apart in the retirement system landscape.
+1 vs industry average
California State Teachers Retirement System’s score of 26 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Other Services has below-average carbon intensity
The Other Services industry has reduced its overall emissions by 37% since 2018
Scope 3 accounts for ••• of total emissions.
The California State Teachers Retirement System (CalSTRS), based in the US and operating in the "Other services (93)" industry, has established significant climate commitments. For the reporting year 2023, CalSTRS reported Scope 2 emissions from purchased electricity amounting to approximately 923,000 kg CO2e, and Scope 1 and 2 combined emissions of approximately 239,000 kg CO2e. In 2022, Scope 2 emissions were about 977,000 kg CO2e, with combined Scope 1 and 2 emissions at approximately 366,000 kg CO2e. The previous year, 2021, saw Scope 2 emissions of about 864,000 kg CO2e, and combined Scope 1 and 2 emissions totalling approximately 374,000 kg CO2e.
Looking further back, in 2017, CalSTRS reported total emissions of approximately 2,132,000 kg CO2e, comprising Scope 1 emissions of about 205,000 kg CO2e, Scope 2 emissions of approximately 1,419,000 kg CO2e, and Scope 3 emissions (specifically business travel) of about 821,000 kg CO2e. In 2016, total emissions were approximately 2,238,000 kg CO2e, with Scope 1 at about 244,000 kg CO2e, Scope 2 at around 1,994,000 kg CO2e, and Scope 3 (business travel) at approximately 774,000 kg CO2e. In 2015, total emissions were approximately 2,135,000 kg CO2e, with Scope 1 emissions around 238,000 kg CO2e, Scope 2 at approximately 1,897,000 kg CO2e, and Scope 3 (business travel) at about 777,000 kg CO2e.
CalSTRS is committed to achieving net-zero emissions from its operations by 1 January 2035, or as soon as possible thereafter, in compliance with California Senate Bill 1203. This commitment applies to Scope 1 and Scope 2 emissions. Previously, CalSTRS had set a target for overall reduction by 2020, aiming for a 30% reduction in Scope 1 emissions and a 16% reduction in Scope 2 emissions from a 2015 baseline. They continue to seek opportunities to reduce their enterprise greenhouse gas emissions.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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