The results of a board election last week at the largest public pension fund in the U.S. offered a stark reminder that the “institutional shift” toward sustainable investing is in no way inevitable. At the $362 billion California Public Employees Retirement System, or CalPERS, incumbent board member Priya Mathur, who had championed so-called ESG (for … Continue reading Institutional Shift: Impact investing on the hot seat at global pension funds (podcast)