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Tennessee

Tennessee has one main public pension fund administrator:

The TCRS board represents all eligible state and local employees and consists of 20 members: 9 Ex Officio (State Treasurer, Director of TCRS, Chair of the Legislative Council on Pensions and Insurance, Vice-Chair of the Legislative Council on Pensions and Insurance, Commissioner of Human Resources, Commissioner of Finance and Administration, Comptroller of the Treasury, Secretary of State, Administrative Director of the Courts), 2 appointed by the Governor, 3 teachers appointed by the Speaker of the Senate and the Speaker of the House of Representatives, 1 retired teacher appointed by the Speaker of the Senate and the Speaker of the House of Representatives, 1 appointed by the Tennessee County Services Association, 1 appointed by the Tennessee Municipal League, 1 appointed by the Tennessee County Officials Association.

By Asset Manager

State Street Funds

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

18%

Fiera Capital Funds

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

32%

Mondrian Funds

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

47%

WCM Invest Funds

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

16%

Pzena Funds

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

Asset Manager Voting

Pro-ESG

20.2%

Anti-ESG

0.5%

Anti-Fossil Fuels

24%

Anti-Pollution/Waste

21%

Animal Rights

DEI

22%

Weapons/Defense

11%

Human Rights

32%

Income Equality

10%

Political Speech/Lobbying Spending

19%

Health Care

13%

Race/Gender targets on Boards

Non-Pecuniary

ESG-Focused Governance

Abortion

Pro-Fossil Fuel

Equality not DEI

Controversial Cause/Support

Geopolitical Rivals/China