Indiana
46 Companies Headquartered in Indiana
1st Source Bank, Allison Transmission Holdings, Inc., AM General LLC, Barnes & Thornburg, Berry Global, Bloomerang, Brotherhood Mutual, Calumet Specialty Products Partners, CapinCrouse, CNO Financial Group
Indiana Average CBR Summary
Avg. Company Rating
Avg. Rating Criteria
| Criteria | Risk Level |
|---|---|
| Cancellations | Lower Risk |
| Discriminatory Philanthropy | Medium Risk |
| Employment Protection | High Risk |
Corporate Weaponization
| Criteria | Risk Level |
|---|---|
| Advocacy Bias | Medium Risk |
| Funding | Medium Risk |
| Political Actions | Medium Risk |
Corporate Governance and Public Policy
State Leadership
State Pension Fund Summary
Indiana has one main public pension system: the Indiana Public Retirement System (INPRS). The INPRS oversees the Teachers’ Retirement Fund (TRF), the Public Employees’ Retirement Fund (PERF), the Police Officers’ and Firefighters’ Pension Fund, Judges’ Retirement System (JRS), the Prosecuting Attorneys’ Retirement Fund, the Legislators’ Retirement System (LRS), and the State Excise Police, Gaming Agent, Gaming Control Officer and Conservation Enforcement Officers’ Retirement Plan (EG&C Plan).
- The INPRS board represents all eligible state and municipal employees; the board consists of 9 members: 3 Ex Officio (State Auditor, State Treasurer, Office of Management and Budget General Council, and Policy Director); 6 appointed by the Governor.
- INPRS discloses its proxy voting records for directly held equities on this website.
- INPRS uses ISS for its proxy advisory services.
- According to its 2024 Annual Comprehensive Financial Report, the INPR’s general investment consultant is Verus.
The “By Asset Manager” and “Asset Manager Voting” tables show the proxy voting records of the state’s asset managers who manage the pensions’ stock market portfolio through index, exchange-traded, or mutual funds. Since these are externally managed funds, the asset managers typically retain and exercise proxy voting privileges. This data is used to calculate the state’s pro-ESG and anti-ESG scores to see how the state leverages its externally managed funds in proxy voting.
The “State Voting” table shows INPRS proxy voting records for directly owned securities through pension fund portfolios. The 1792 Exchange commends the INPRS for publicly disclosing this information online for its pensioners.
Both tables are important to show a comprehensive picture of the state’s proxy voting record.