Bloomberg Law
April 11, 2018, 12:49 PM UTC

Calpers Weighs Push for Sexual-Harassment Corporate Disclosure

John Gittelsohn
John Gittelsohn
Bloomberg News

• Policy would be added to pension system governance guidelines • ‘There’s some investment linkage,’ board president Mathur says

The California Public Employees’ Retirement System, the largest U.S. pension fund, is weighing a policy to urge companies in which it invests to disclose sexual-harassment settlements.

The pension system, which has about $350 billion in assets, would add the language to its corporate-governance policy amid growing fallout from the#MeToo movement, which has led to the ouster of executives who engaged in sexual misconduct and reached secret settlements in entertainment, travel and the news media among other industries.

“Calpers supports settlements, including sexual ...

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