Investment Director – ESG Integration

CalPERS is the nation’s largest public pension fund with investments in both domestic and international markets. The Investment Office (INVO) is responsible for investment and daily management of CalPERS assets. INVO invests in stocks, bonds, real estate, private equity, and private debt, utilizing a wide array of instruments and vehicles to maximize returns on a long-term basis at an acceptable level of risk.

The Sustainable Investment Program is looking for an Investment Director (ID) to serve as a program manager responsible leading the integration of environmental, social, and governance (ESG) considerations into CalPERS investment decision-making process. The ID will hold a senior position and drive the development and implementation of comprehensive ESG strategies.

Duties include but are not limited to:

• Responsible for establishing a best-in-class ESG program.
• Lead a team of 1-2 ESG staff members and collaborate with senior management to align our investment practices with responsible and sustainable principles.
• Point person for ESG related matters with stakeholders and have experience implementing labor standard best-practice.
• Lead efforts to improve portfolio resilience by assessing ESG factors, promote ESG within CalPERS and with our partners and stakeholders, and mitigate ESG risks.

Telework Information: This position is eligible for hybrid work schedule, with up to two days of remote work and three days or more onsite, per week.

You will find additional information about the job in the Duty Statement.