Investing in Climate Change is Challenging for Calstrs

The transcript discusses the challenges of integrating ESG (Environmental, Social, and Governance) into investment decisions, highlighting the long-term nature of sustainability. It covers investment strategies, including divestment from tobacco and thermal coal sectors, and the importance of adapting to climate change. The response of companies, such as Exxon Mobil, to climate change is examined, noting changes in cost structures and opportunities. The transcript also touches on global and regional perspectives, emphasizing the need for education and awareness, particularly in the Midwest of the United States.

In what ways are companies responding to climate change according to the speaker?

What regional differences does the speaker note regarding the understanding of climate change?