If CalPERS Divested from Coal, Why Does It Still Have $6.5B Invested?

Sacramento, Calif. September 14, 2020 — A new report analyzing the most recent data on coal holdings in the nation’s largest state pension fund, the California Public Employees Retirement System, reveals that CalPERS still holds millions in thermal coal producers – despite a 2015 state law on thermal coal divestment. The fund has also increased its investments […]