Voting Support for NYC Pension Proxy Proposals Continues to Wane
Only 21% of proposals that went to a vote were supported by shareholders, down from 35% in 2022.
Only 21% of proposals that went to a vote were supported by shareholders, down from 35% in 2022.
Cites U.S. Chamber of Commerce report finding that firms with inclusive policies financially outperform their sector peers.
The $184 billion pension giant is asking its portfolio companies to improve their climate-change risk management.
Minority- and women-owned managers have beaten the city’s pension funds’ benchmarks in all asset classes since 2015.
The $462 billion pension giant will more than double those assets as it aims to halve the carbon-emissions intensity of its investments by 2030.
A RepRisk report finds nearly 1,900 companies linked to a risk incident involving misleading communications.
Greg Williamson will oversee the WEDC’s new Wisconsin Investment Fund.
The Improving Corporate Governance Through Diversity Act would require issuers to disclose information on diversity at the director and executive levels.
The city’s comptroller calls for disclosure of board members’ race and gender at Capital One, Las Vegas Sands, NextEra Energy and Caesars.
After hitting its goal of making 10% of investments with diverse managers, the investment firm aims for 15% by 2025.
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.
Certificate program is designed for non-investment professionals to gain understanding of the global investment industry.
Top-flight entities, from CalPERS to Cambridge Associates, pledge to boost DEI and track their progress.