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CalPERS Toughens Standards on Corporate Governance
The Sacramento Bee
Apr. 23, 2008
Excerpt: The California Public Employees' Retirement System wants companies in its investment portfolio to be environmentally responsible and to have diverse boards of directors. The investment committee of the world's largest public pension fund voted to affirm those standards during Monday's meeting in Sacramento, adding them to the system's Global Principles of Accountable Corporate Governance.
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