CalPERS CIO: We Keep the Politics of ESG Out of the Boardroom

The video discusses ESG, an acronym for Environmental, Social, and Governance issues, and its role in investment strategies. It explores different perspectives on ESG's importance and the backlash it faces. The focus is on using ESG as a framework for sustainable investing, emphasizing the need to keep politics out of investment decisions and the importance of engagement in addressing climate issues.

What does ESG stand for?

• Economic, Social, and Governance

• Environmental, Safety, and Governance

• Environmental, Social, and Governance

• Economic, Safety, and Governance

How is ESG viewed in terms of investment?

• As a way to increase political influence

• As a method to avoid taxes

• As a strategy for short-term gains

• As a framework for risk management

What is one example of sustainable investing mentioned in the video?

• Investing in high-risk stocks

• Investing in luxury goods

• Investing in diverse managers

• Investing in fossil fuels

What is the stance on keeping politics out of ESG decisions?

• Politics should be a major factor

• Politics should dictate all investment choices

• Politics should be completely ignored

• Politics should be kept out of boardroom decisions

Why is engagement considered important in ESG?

• To avoid legal issues

• To reduce employee turnover

• To have a voice in addressing climate issues

• To increase company profits