Lauren Gellhauschargeable for environmental, social and governance for the $199.9 billion Texas Academics’ Retirement Systemleft the Austin-based pension fund on August 8.
Spokesman Rob Maxwell confirmed Ms Gellhaus’ departure in an e-mail and, in response to a query about her alternative, mentioned “we don’t usually touch upon worker issues”.
Mr Maxwell additionally mentioned that TRS “doesn’t supply breakout worth of ESG methods”.
In a publish on her LinkedIn web page, Ms Gellhaus mentioned she “ended an unbelievable chapter in my profession. After greater than 5 years at Texas Academics’ Retirement System, I logged out for the final time. TRS will at all times really feel like house.”
Ms Gellhaus couldn’t be reached for touch upon her upcoming position.
She joined TRS in September 2017 and held a number of positions earlier than being appointed as the primary ESG supervisor of the pension system in January 2020, overseeing ESG initiatives.
Texas Academics is among the many Texas public pension funds and different state entities which might be affected by a 2021 state regulation that forestalls them from investing in monetary firms that divest from fossil fuels.
Texas Comptroller Glenn Hegar has launched an inventory of 10 monetary firms he says are ‘boycotting vitality firms’, together with black rock.