CalSTRS Green Bond Program Enters Its Seventh Year

WEST SACRAMENTO, Calif. – Seven years after initiating its green bonds program, the California State Teachers’ Retirement System is poised for continued portfolio growth and holdings expansion, as reflected in the 10th annual Green Initiatives Task Force Report released yesterday. Globally, 2015 was a record year for green bond issuance at more than $42 billion, with the possibility of reaching $100 billion before 2016 is recorded in the books, according to the task force report. As of October 19, 2016, CalSTRS’ green bonds holdings totaled $310.5 million—more than three times its holdings two years prior.