Boston, MA – FCLTGlobal, the non-profit organization whose mission is to focus capital on the long term to support a sustainable and prosperous economy, announces that the California State Teachers’ Retirement System (CalSTRS) has joined its network of member organizations. CalSTRS, the second-largest public pension fund in the United States and the largest educator-only pension fund in the world, brings with it a wealth of experience and a shared commitment to fostering sustainable, long-term value creation.

The inclusion of CalSTRS as a member advances FCLTGlobal’s mission to build a community of like-minded institutions and leaders who believe in the power of long-term thinking. As a research organization, FCLTGlobal works with its members to bring forward evidence that long-term thinking leads to better outcomes for investors, companies, and society as a whole.

“We are thrilled to welcome CalSTRS to the FCLTGlobal community,” said Sarah Keohane Williamson, CEO of FCLTGlobal. “Their dedication to responsible investment and long-term value creation is a perfect match for our mission. Together, we will continue to drive the conversation about the importance of taking a strategic, long-term perspective in the investment world.”

CalSTRS, with more than $300 billion in assets under management, provides a lifetime retirement benefit to more than 1 million California public educators and their beneficiaries. By joining FCLTGlobal, CalSTRS underscores their commitment to aligning its investment strategies with their mission to secure the financial futures of their members.

“As a long-term investor, CalSTRS thinks in terms of decades, not days. Our mission and dedication to sustainability mesh perfectly with FCLTGlobal,” said CalSTRS Chief Investment Officer Christopher J. Ailman, who will join the FCLTGlobal board of directors. “Just as we’ve positively impacted business practices and corporate governance worldwide with our active engagement at portfolio companies, FCLTGlobal has a wide-reaching influence and helps create key research and tools that drive long-term value creation on behalf of retirees like ours.”

FCLTGlobal looks forward to the valuable insights and expertise that CalSTRS will bring to the organization; the addition of CalSTRS reinforces FCLTGlobal’s commitment to driving positive change for the benefit of all stakeholders.

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About CalSTRS:

CalSTRS provides a secure retirement to more than 1 million members and beneficiaries whose CalSTRS-covered service is not eligible for Social Security participation. On average, members who retired in 2021–22 had 25 years of service and a monthly benefit of $4,809. Established in 1913, CalSTRS is the largest educator-only pension fund in the world with $316.7 billion in assets under management as of August 31, 2023. CalSTRS demonstrates its strong commitment to long-term corporate sustainability principles in its annual Sustainability Report.

About FCLTGlobal:

FCLTGlobal’s mission is to focus capital on the long term to support a sustainable and prosperous economy. We are a non-profit organization whose members are leading companies and investors worldwide that develops actionable research and tools to drive long-term value creation for savers and communities. Learn more at www.fcltglobal.org. For more information, visit CalSTRS.com.

For Media Inquiries:

CalSTRS Communications – [email protected]

FCLTGlobal Communications – [email protected]