Tag: DE&I

A police pension fund in Florida claims the company deceitfully hid the potential financial risks of celebrating Pride Month.

Only 21% of proposals that went to a vote were supported by shareholders, down from 35% in 2022.

CIO Steven Meier aims to set a ‘powerful example’ that diversity is fundamental to fiduciary duty.

The fund’s portfolio also surpassed its benchmark with 10-year annualized returns of 7.3%.

Callan study shows that 70% of them have a formal policy to deliver diversity, equity and inclusion.

The $184 billion pension giant is asking its portfolio companies to improve their climate-change risk management.

A survey finds them split over whether environmental, social and governance investments perform better or the same as others.

Pointing to low levels of diversity among money managers and private equity firms, it gives examples of successful programs that boost diversity.

Equity returns are almost half a percentage point higher with more women in investment firms, per WTW.

Thomas DiNapoli is calling for more accountability from portfolio firms regarding corporate diversity, equity and inclusion.

Top-flight entities, from CalPERS to Cambridge Associates, pledge to boost DEI and track their progress.