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Montana

Montana has two main public pension funds, MPERS and MTRS, which are both represented by one board:

  • The MPERA board represents 8 retirement systems covering nearly all state employees; the board consists of 7 members, all appointed by the Governor.

Averages

Pro-ESG

Anti-ESG

State Rank

43rd

State Rank

10th

Asset Manager Average

47%

Asset Manager Average

7%

By Asset Manager

American Century Investment Management

Percentage of times Mgr. voted “for” pro-ESG proposals:

78%

BlackRock

Percentage of times Mgr. voted “for” pro-ESG proposals:

46%

Dimensional Fund Advisors, Inc.

Percentage of times Mgr. voted “for” pro-ESG proposals:

38%

Franklin Templeton

Percentage of times Mgr. voted “for” pro-ESG proposals:

43%

Invesco Advisors

Percentage of times Mgr. voted “for” pro-ESG proposals:

44%

Lazard Asset Management, LLC

Percentage of times Mgr. voted “for” pro-ESG proposals:

45%

Northern Trust Asset Management

Percentage of times Mgr. voted “for” pro-ESG proposals:

47%

State Street Funds

Percentage of times Mgr. voted “for” pro-ESG proposals:

47%

State Street Global Advisors

Percentage of times Mgr. voted “for” pro-ESG proposals:

47%

Acadian Asset Management

Percentage of times Mgr. voted “for” pro-ESG proposals:

47%

Baillie Gifford

Percentage of times Mgr. voted “for” pro-ESG proposals:

47%

Asset Manager Voting

Board Diversity:

36%

Require Environmental/Social Qualifications:

19%

Establish Environmental/Social Committee:

29%

Link Executive Pay to Social Goals:

26%

Climate Change:

48%

GHG Emissions:

47%

Climate Change Action:

34%

Report on Healthcare/Abortion:

36%

Weapons-Related Proposals:

23%

Social Proposal:

24%

Income Inequality:

10%

Political Activities and Action:

10%

Political Contributions and Lobbying:

43%

Political Lobbying Disclosure:

45%

Racial Equity Audit:

56%

Management Environmental Proposals:

63%

Anti-Social (Anti-ESG):

6%

Charitable Contributions:

8%

**The Retirement Systems of Alabama (RSA) has denied that State Street invests equities or casts proxy votes for the State. RSA has yet to publish its proxy voting records or disclose its investment managers. RSA’s public records list State Street a custodial bank and as a fund manager. No other investment managers are named in RSA public records, which is what is reported on the 1792 Exchange Proxy Database. RSA claims that Glass Lewis conducts its proxy voting. 1792 Exchange encourages RSA to publish these voting records in order that these records might be updated on this page. 1792 Exchange also encourages RSA to retain authority over proxy voting for ESG resolutions and not entrust these duties to Glass Lewis, a firm the Attorney General of Alabama has investigated for promoting ESG priorities at the expense of fiduciary responsibility.

Disclaimer: The information contained in this report, ‘Proxy Voting,’ is intended for educational purposes only and does not constitute financial or investment advice. Click here for the full disclaimer.

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