"Climate change represents risks and opportunities for a long-term investor like CalPERS," said Anne Stausboll, Chief Executive Officer for the Pension Fund and co-chair of the Ceres Board, the nation's largest coalition of investors, environmental groups, and nonprofit organizations advocating for sustainable business practices. "We have a fiduciary duty to protect the Pension Fund and mitigate the effects of climate change on our investments. CalPERS has a long history of constructively engaging companies to advance sustainable business practices." "We applaud Senator de Leon and Governor Brown for their commitment and attention to this important issue," added Stausboll. "CalPERS has been...