California Public Employees' Retirement System expects to launch its...

California Public Employees’ Retirement System expects to launch its first corporate governance Web site, CalPERS Shareowner Forum, the week of Feb. 16, said Brad Pacheco, project manager for the site. The site will list the $147 billion Sacramento-based fund’s stand on corporate governance proposals for 50 to 100 U.S. companies, among other information. Proxy information for particular companies will be posted a few weeks before corporate shareholder meetings. The site will list CalPERS’ corporate governance principles for the U.S., France, Germany, U.K. and Japan, along with companies targeted by CalPERS for underperformance. The new site will be linked to other sites dealing with corporate governance issues, and will include a library of related articles. The site was originally conceived by Kayla Gillan, CalPERS chief legal counsel, as a way to expand the fund’s corporate governance activities. The address is www.calpers-governance.org.