The State Treasurer’s Office (STO) was created in the California Constitution in 1849. The STO processes more than $2 trillion in payments within a typical year and provides transparency and oversight for the government’s investment portfolio and accounts as well as for the state’s surplus funds.
The STO oversees an investment portfolio of more than $102 billion, approximately $20 billion of which are local government funds. We serve as the agent for the sale of all State bonds and are the trustee on over $100 billion of outstanding debt.
Purpose
During a legislative session, Senators consider matters introduced by members of the state Legislature or submitted by the governor.
Alignment with Guiding Principles
At the Council for Inclusive Capitalism, we invite companies of all sizes, industries, and geographies to champion our Guiding Principles for Inclusive Action and demonstrate how they contribute to meaningful change. To ensure alignment with our principles, our members are assessed by at least one reporting body, sustainability-related certificate, benchmark, rating agency or similar organization.
Sign up your company
Recognizing it will take alignment of all our organizations to scale impact globally, we invite you to join the movement as a Steward of Inclusive Capitalism. Together, the collective action of Council members will contribute to a fairer, more inclusive and sustainable future for all people and our planet.
