Expressed interest and are considering participating and then we certainly have, you know, many managers who are engaging with Portfolio Companies around climate risk but perhaps not formally through that initiative. Okay. And then my other concern is, we talked about diversity and i like what youve done in terms of the work around that. Do we use that same [indiscernible] in terms of rps and other things, do we really apply the sfers criteria for the type of diversity were looking for across the board, including [indiscernible] and other sectors . I cant fully comment on that. I guess what i can say is, you know, there is proposition 209 in place in california i know. Thats why i i know. Up to a vote, thats in november. But we do not i want to make clear that we do not ask about diversity characteristics when we send out an rfp or enter a new relationship or a new contract with an external party. Were wanting to be not running afoul of distortion . The board is engaging, we do request
Ask the public to participate remotely by writing to the board or leaving a voicemail message. For all comments received in advance of the meeting we have received and we appreciate these comments. While Technology Allows us to hold these meetings via teleconference, it may not be as seamless as it would like to be. There will be gaps in some airtime, staff at times the staff transitions between the speakers and the callers. Know that we are doing the best that we possibly can and we ask for your understanding and patience as we are all learning this new way of working together. A reminder to the Board Members to mute themselves to minimize the background noise. Board members will have to remember to unmute themselves to comment. Again, were going to ask everyone to be patient as we make these adjustments. Madam secretary, roll call, please. Clerk [roll call] we do have a quorum. President bridges . Number two, communications. Due to the covid19 Health Emergency and t due to the covid1
Ask yourselves now that nearly all the big tech outfits reported and a day the market rebounded from its lows. S p jumping 1. 19 and the nasdaq surging 1. 69 . All right. It didnt make back everything it lost, but like i said, nobody ever made any money panicking. If you panicked yesterday, always a better time there is a whole network of smart, rigorous Money Managers who believe apple, amazon have become ridiculously expectative. Downright danger to zone they dont welcome the possibility that these could be worth trillions of dollars im not kidding, every day same goes for their compadres netflix and microsoft. There are tons of stocks in this market way too expensive by any traditional valuation metrics. However, that does not include facebook, apple, amazon, maybe alphabet say nothing of microsoft only netflix is one that i think is a bit of an outlier this is 2020, not 2000 that being the dotcom boom with the exception of amazon and netflix, all of these big tech stocks are valued
I will ask everyone to place your hands on your heart to say the pledge of allegiance. Please unmute everyone. Okay. All right. I pledge allegiance to the flag of the United States of america. And to the republic for which it stands one nation under god indivisible with liberty and justice for all. Thank you. Please call roll. Clerk yes. Commissioner dejesus. Present. Commissioner hamasaki. Present. Commissioner elias. Here. Commissioner rickter . Present. And commissioner cohen is excused. Vice president taylor, you have a quorum. And we have director from the department of Police Accountability and the chief. Thank you. For members of the public, the number to call in to provide Public Comment is 4156650001. And access code 14664628. 26, i believe. And remind the members of the public to have any of your devices on mute and there is no background noise and same thing for the presenters and commissioners unless you are speaking. Try to reduce the background noise by having yourself mu
Or do whatever you do we have the tv here tonight you dont want your phone to be the one that rings on national television. I will be running around with a wireless microphone if you have a question please raise your hand and wait for me to get to you. That way it is picked up for the recording as well if you decide you like to have a copy of the book after the talk head back into the store to pick up a copy or two or three. Then come right back to sign them. Listing to a better planet. To take action on Climate Change and water shortages and air pollution. This is a practical solution to sustainability also environmental leaders from across the political spectrum professor of financial law at environmental studies from the former head Connecticut Department of protection and is highly qualified to have written this book. The book includes fresh thinking on topics free ranging from big data Environmental Justice to fracking and systems analysis public land so there is a lot in this boo