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Adopt Global Principles of Accountable Corporate Governance

The Global Principles of Accountability for Corporate Governance create the framework by which we execute our proxy voting responsibilities and provide a foundation for supporting our corporate engagement and governance initiatives.

Global Principles (PDF, 3.3 MB)

CalPERS implements its proxy voting responsibility and corporate governance initiatives in a manner that is consistent with the Global Principles unless such action may result in long-term harm to the company that outweighs all reasonably likely long-term benefit or unless such a vote is contrary to the interests of the beneficiaries of the CalPERS system.

Translated Versions of Global Principles

Read about the CalPERS Global Principles of Accountable Corporate Governance. Now available in: Chinese (PDF, 423 KB), French (PDF, 298 KB), German (PDF, 283 KB), Japanese (PDF, 582 KB), and Spanish (PDF, 277 KB).