CalPERS Champions Board Diversity Campaign Across 500+ US Companies

August 2017. Chief Investment Officer.

“Continuing its push for diversity among boards, The California Public Employees’ Retirement System (CalPERS) sent letters to 504 Russell 3000 Index companies calling for changes in the appearance of their boards of directors. Detailing CalPERS’ evidence that board diversity yields positive performances, the $330 billion fund requested each company address the lack of diversity by developing and disclosing their corporate board diversity policies and implementation plans.”

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