Virginia Retirement System
The Virginia Retirement System (VRS) is an independent state agency based in Richmond, USA, responsible for providing retirement and other benefits to public sector employees in Virginia. Its members include public school teachers, political subdivision employees (such as cities, towns, special authorities and commissions), state agency employees, public college and university personnel, state police, Virginia law officers and the judiciary. During the assessed period, VRS reported total assets corresponding to USD 117.2 billion.
Leading practices
No leading practices identified for the financial institution.
Risks and opportunities
Being behind many of its peers in terms of overall disclosure, it is recommended that the financial institution uses this benchmark as a guide to disclose more on its sustainability practices and performance with regards to its provision of products, capital and services, as well as considering its own operation and supply chain, across the five measurement areas including Strategy, governance and stewardship; Financing Climate and Nature protection and restoration; Environmental footprints; Inclusive finance and Responsible business conduct.
Disclaimer
This scorecard refers to information in English which was publicly available by July 15 2024. AuM and Total assets are stated in USD for comparability and have been calculated based on reported local currency values multiplied by applicable IMF currency converter values.
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More about the company
- Headquarters
- United States
- Ownership structure
- Government
- Results 2024
- Total assets: USD 117.2 billion; AuM USD 107.8 billion
- Number of employees
- -
- Website
- https://www.varetire.org
