New York
401 Companies Headquartered in New York
1-800-Flowers, 1stDibs.com, ABM Industries, ACA Group, Academy Asset Management, Acadia Realty Trust, ACORD (Association for Cooperative Operations Research and Development), Acronym Media, Actinium Pharmaceuticals, Inc., ACV Auctions, Inc.
New York Average CBR Summary
Avg. Company Rating
Avg. Rating Criteria
| Criteria | Risk Level |
|---|---|
| Cancellations | Medium 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
New York has two main public pension systems: the New York State & Local Retirement System (NYSLRS) (the Employees’ Retirement System (ERS), the Police and Fire Retirement System (PFRS)) and the New York State Teachers’ Retirement System (NYSTRS). The investments of NYSLRS are overseen by the New York Common Retirement Fund (CRF).
- The New York State Comptroller is the sole trustee of the New York State CRF.
- The New York State CRF discloses its proxy voting records on this website; 2023 voting records are published here.
- The NYSLRS does not disclose the identity of its general investment consultant in its 2024 Annual Comprehensive Financial Report. However, according to the 2024 Annual Report to the Comptroller, its general investment consultant is RVK.
- The NYSTRS board represents public school teachers and employees and consists of 10 members: 3 teacher members are elected from the membership; 1 NYSTRS retiree is elected by retired members; 2 school administrators are appointed by the state Commissioner of Education; 2 present or former school board members, experienced in the fields of finance and investment, are elected by the Board of Regents based on recommendations of the New York State School Boards Association; 1 present or former bank executive is elected by the Board of Regents; 1 member is either the State Comptroller or a designee.
- The NYSTRS discloses its specific proxy voting records on this website.
- According to a January 2024 document, NYSTRS’ general investment consultant is Callan.
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 NYSLRS’s and NYSTRS’s proxy voting records for directly owned securities through pension fund portfolios. The 1792 Exchange commends the NYSLRS and the NYSTRS for publicly disclosing this information online for their pensioners.
Both tables are important to show a comprehensive picture of the state’s proxy voting record.