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  • November 2018 (Revised December 2018)
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CalSTRS Takes on Gun Violence

By: Vikram S Gandhi and Caitlin Reimers
  • Format:Print
  • | Language:English
  • | Pages:30
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Abstract

In Spring of 2018, Chris Ailman, CIO of the $200 billion pension plan for California public school teachers (CalSTRS) was mandated by his board to “prioritize engagement with makers and retailers of firearms in California” following a series of gun-related tragedies in schools. While CalSTRS had a long history of engagement and even divestment, as a fiduciary for the retirement assets of current and future teachers, calls for values-motivated screening or divestment always posed an inherently complex challenge. Having spearheaded the development of Principles for a Responsible Civilian Firearm Industry released on November 14, 2018, Chris Ailman and his team had to decide what to do next.

Keywords

Pension Funds; Pension Plan; Asset Allocation; Screening; ESG; Gun Violence; Business and Government Relations; Values and Beliefs; Education Industry; California; United States

Citation

Gandhi, Vikram S., and Caitlin Reimers. "CalSTRS Takes on Gun Violence." Harvard Business School Case 819-079, November 2018. (Revised December 2018.)
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About The Author

Vikram Gandhi

Entrepreneurial Management
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Related Work

    • November 2018 (Revised December 2018)
    • Faculty Research

    CalSTRS Takes on Gun Violence

    By: Vikram S Gandhi and Caitlin Reimers
    • November 2020
    • Faculty Research

    CalSTRS Takes on Gun Violence

    By: Vikram S Gandhi
Related Work
  • CalSTRS Takes on Gun Violence By: Vikram S Gandhi and Caitlin Reimers
  • CalSTRS Takes on Gun Violence By: Vikram S Gandhi
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