NEW YORK--(BUSINESS WIRE)--California Public Employees’ Retirement System (CalPERS), the California State Teachers’ Retirement System (CalSTRS) and GMI Ratings plan to hold a media briefing to unveil the Diverse Director DataSource (3D), a new resource for recruiting talent to serve on corporate boards. The event will start with brief presentations by representatives of the three partners on the importance of improving diversity on boards of directors.
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When: |
July 19, 2012 – 11:00 a.m. ET | |
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Where: |
New York Stock Exchange (NYSE) | |
| 2 Broad Street (corner of Wall St. and Broad St.) | ||
| New York, NY 10006 | ||
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Presenters: |
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| 1. Carol Moody, CalPERS Senior Portfolio Manager of Investment Compliance and Operational Risk | ||
| 2. Anne Sheehan, CalSTRS Director of Corporate Governance | ||
| 3. Richard A. Bennett, Chairman of the Board of GMI Ratings | ||
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RSVP: |
Journalists interested in attending the briefing or receiving embargoed media materials should contact Mariah Monks at GMI Ratings (Email: mmonks@gmiratings.com, Phone: 212/949-1313) |
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About CalPERS
With assets of approximately $233 billion, CalPERS is the largest public pension fund in the U.S. It administers retirement benefits for more than 1.6 million California state, local government, and public school employees, retirees, and their families on behalf of more than 3,000 public employers, and health benefits for more than 1.3 million enrollees. The average CalPERS pension benefit is $2,332 per month. The average benefit for those who retired in the most recent fiscal year that ended June 30, 2011, is $3,065 per month. More information about CalPERS is available at www.calpers.ca.gov.
About CalSTRS
With a portfolio valued at $146.8 billion as of May 31, 2012, the California State Teachers’ Retirement System, is the largest teacher pension fund and the second largest public pension fund in the United States. CalSTRS administers a hybrid retirement system, consisting of traditional defined benefit, cash balance and voluntary defined contribution plans, as well as disability and survivor benefits. CalSTRS serves California's 856,000 public school educators and their families from the state’s 1,600 school districts, county offices of education and community college districts. More information about CalSTRS is available at www.calstrs.com.
About GMI Ratings
GMI Ratings is an independent provider of research on corporate governance, ESG (Environmental, Social and Governance) and accounting risk. The firm’s ESG ratings for nearly 5,500 companies worldwide incorporate 120 ESG KeyMetrics™ to help investors assess the sustainable investment value of corporations. GMI Ratings also provides Accounting and Governance Ratings (AGR®) for approximately 18,000 public companies worldwide. AGR metrics reflect the accuracy and reliability of a company’s financial reporting. Clients of GMI Ratings include leading institutional investors, banks, insurers, auditors, regulators and corporations seeking to incorporate corporate governance and ESG factors into risk assessment and decision‐making. A signatory to the Principles for Responsible Investment (PRI), GMI Ratings was formed in 2010 through the merger of GovernanceMetrics International, The Corporate Library and Audit Integrity. For more information please visit www.gmiratings.com.