Political Quotes

“I include in the Record letters from California Public Employees' Retirement System, Public Citizen, the North American Securities Administrators Association, and Principles for Responsible Investment. California Public Employees' Retirement System, Executive Office, June 14, 2021. Subject: H.R. 1187, The Corporate Governance Improvement and Investor Protection Act. Hon. Nancy Pelosi Speaker, House of Representatives, Washington, DC. Hon. Kevin McCarthy, Minority Leader, House of Representatives, Washington, DC Dear Speaker Pelosi and Minority Leader McCarthy: On behalf of the California Public Employees' Retirement System, I write to express support for the overall direction of H.R. 1187, the ``Corporate Governance Improvement and Investor Protection Act,'' which would require public companies to disclose material information on the link between environmental, social, and governance (ESG) metrics and their long-term business strategy, as well as political expenditures, compensation practices, climate-related risk and tax expenditures, among other issues. This bill will improve and enhance corporate disclosures essential to maintaining the competitiveness of U.S. financial markets. As the largest public defined benefit pension fund in the United States, we manage approximately $465 billion in global assets on behalf of more than two million members.…”