Governance

Former board member kickstarts crowdfunding for CalPERS probe

BY KARREN VERGARA | MONDAY, 7 JUL 2025 5:45PM

A former California Public Employees' Retirement System (CalPERS) board member is seeking to launch an independent investigation into the pension fund for alleged mismanagement and misconduct and hopes to raise the funds to do so via GoFundMe.

Upgrade your subscription to access this article

Subscribe to gain unlimited access to news, research and analysis of ESG factors for ASX listed companies and investors.

Become a premium subscriber today.

Already A Subscriber?

UPGRADE SUBSCRIPTION

VIEW COMMENTS

Related News

►	SEC to ditch climate disclosure rules
►	Lobby group names and shames companies omitting shareholder resolutions
►	Advocacy groups challenge SEC policy on shareholder proposals
►	Insurer sued for omitting shareholder proposal on climate
►	SEC criticises proxy adviser 'oligopoly,' urges AI use
►	Green moves: CalPERS, Future Fund, Impax
►	Proposals against ESG, DEI to increase: Proxy advisor
►	SEC drops defence of climate disclosures rule
►	High ESG score? More likely to greenwash
►	Big money urged to leverage influence

Editor's Choice

Data Centres should pay for clean energy: Poll

VINNY VUCAGO

Australians overwhelmingly believe data centre operators should be required to fund the renewable energy needed to power their rapidly growing operations, according to new polling commissioned by the Climate Council.

CEFC names new chief executive

MATTHEW WAI

Clean Energy Finance Corporation chief investment officer of Rewiring the Nation Paul McCartney has been appointed the new chief executive for the group, effective September 18.

Brookfield adds over 26GW with new acquisition

MATTHEW WAI

Brookfield Asset Management is acquiring Aypa Power, which comprises an enterprise value of approximately $10 billion (US$7bn), or $4.2 billion (US$3bn) in equity value.

Podcast: The 1% solution

THE GREENER WAY

Can a relatively small commitment of 1% of annual revenue create measurable environmental outcomes, strengthen business performance and help companies embed sustainability into their long-term strategy?

Videos

Brought to you by

Entering a new era

Under the hood

No regrets

MORE VIDEOS

Whitepapers

Carlota Garcia-Manas

Head of Climate Transition and ESG Engagement

Royal London Asset Management

Roundtable reflections: Is ESG dead?

"Is ESG dead?" we asked at our recent Responsible Investors (RI) roundtable in May this year. Short answer: no.

READ MORE

Eugenia Kolivos

Head of Intellectual Property

Corrs Chambers Westgarth

AI-washing and cyber-washing

Key legal and regulatory enforcement risks for Australian organisations.

READ MORE

Vinnay Cchoda

Responsible Investments Manager

BetaShares

Is there an ethical way to play AI?

Balancing innovation and sustainability in one of the most compelling investment themes of our time.

READ MORE

Liz Harrison

Fixed Interest Strategist

Janus Henderson Investors

ESG implications of the US-Iran conflict

The US-Iran conflict is doing more than lifting oil prices. It is reshaping the ESG realm through energy security, food inflation, health risks and national ...

READ MORE

Expert Feed

MORE EXPERT FEEDS

Maria Drew

Head of Global Sustainability

T. Rowe Price

How economics and energy security are driving the next phase of the energy transition

Looking ahead, the next phase of the energy transition will be defined by practical system build-out rather than headline climate commitments.

READ MORE

Virginie Derue

Head of ESG Research, AXA IM

AXA Investment Managers

Sustainability in 2025: Building resilience and navigating risks

In 2025, there is likely to be much scrutiny around US President Donald Trump's anti-green agenda in particular.

READ MORE

Phillip Hudak

Co Australian Small Companies Portfolio Manager

Maple-Brown Abbott

Balancing Investor expectations with entrepreneurial growth

Recent headlines highlighting corporate management shortfalls in companies led by their founders underscore the need for rigorous governance standards.

READ MORE

Simon Sheikh

Chief Executive Officer

Future Group

Avoiding the carbon budget risk

While many financial institutions have made public net zero commitments, how can we know whether these goals really amount to action on climate change?

READ MORE