Milken: CIOs Say Divestment Isn’t the Way
To change problematic companies, institutional investors say to stay in and help restructure ESG policies.
Tag: New York State Common Retirement Fund
Newsmakers
Comptroller DiNapoli Presses Pollutants on Paris Agreement Goals
NYS Common pulls shareholder requests after DTE Energy, Dominion Energy, and Southwestern Energy comply.
NYS Common Cracks Down on Corporate Board Diversity
Diversity agreements made with four Fortune 500 companies.
Newsmakers
NYS Common to Double Low-Emissions Index Exposure
DiNapoli to announce plan at Investors Summit on Climate Risk in NY
NYS Common, Arjuna Capital Push for Facebook, Twitter Content Governance
Shareholder proposals follow CalSTRS, Jana Partners’ Apple actions.
Cuomo Calls on Common Retirement Fund to Cease Fossil Fuel Investments
New York governor will partner with Comptroller DiNapoli to form fund advisory committee.
Skytop Strategies: Plan Sponsors Share ESG Expectations, Strategies, and Goals
Strategy, rather than divestment, key to a sustainable funds, panelists say.
NY State Employer Pension Contribution Rates to Drop
Comptroller says strong investment returns are keeping rates stable.
Newsmakers
Advocacy Groups Call for Funds to Divest from Owner of Trump SoHo Hotel
The legal groups claim investment money violates President Trump’s fixed salary mandate.
Ex-Sterne Agee Executive Pleads Guilty to Pension Fund Bribes
“Pay-to-play” scheme lavished NYSCRF pension fund director with entertainment, travel, and meals.