Newsmakers
600-Plus Companies Adopt NYC Pensions’ ‘Proxy Access’ Agenda
Comptroller Stringer’s push for major shareholders to change board structure, climate change views, is paying off.
But Scott Stringer says arrangement must also benefit New Yorkers.
Scott Stringer says city’s five pension funds want to shun the kingdom following Khashoggi murder.
The three-year plan will see the five-fund retirement system’s climate-related holdings go to $4 billion.
Stringer and city pension funds succeed in broadening boards at more than half of 151 targeted companies.
Pension funds are looking for expert advice on how to extract fossil fuels from portfolios.