Jeff Wendling, the HOOPP’s CEO who is set to retire at the end of March, said the return was supported by solid performances in both public and private equity markets, including results from the plan’s infrastructure investments, alongside absolute return strategies.
In the updated guideline, the plan said it would hold “appropriate director nominees accountable at companies lacking human capital management related disclosures consistent with CalPERS’ Governance and Sustainability Principles and Labor Principles.'”
“It turns out for health systems, one of the biggest environmental impacts is what we call Scope 2, which means it’s mostly purchased electricity… we’ve had the privilege to learn a lot and put in place two big power purchase agreements, which are going to bring AdventHealth to 100% renewable electricity by 2026.”
Mercer’s global head of ESG and Sustainability discusses how different regions of the world are applying ESG themes to their investment processes.
Kim Kolt is co-founder and General Partner at Bay Bridge Ventures, the first purpose-built, institutional ESG and Sustainability focused venture capital firm. Bay Bridge is committed to inclusivity – starting from leadership and continuing through the underlying investments – in addition to responsible stewardship – active, high-engagement investing through multiple stages of development.