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West Virginia

West Virginia has one main public pension fund administrator.

The Consolidated Retirement Board (CRB) represents all public state employees and the 10 pension funds of the state; the board consists of 13 members: 3 Ex Officio (Governor, State Auditor, State Treasurer); 10 appointed by the Governor and confirmed by the Senate.
The Investment Management Board manages the assets of the CRB. It consists of 13 members: 3 ex officio (the Governor, the Auditor and the Treasurer) and 10 are appointed by the Governor with the advice and consent of the West Virginia Senate. Of the remaining 10 appointees, 1 must be an attorney, 1 must be a certified public accountant (CPA) and all must have experience in pension management, institutional management or financial markets. No more than 6 of the 10 appointed trustees may be from the same political party.

By Asset Manager

BlackRock Funds

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

Invesco Funds

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

34%

UBS Funds

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

48%

Asset Manager Voting

Pro-ESG

21.5%

Anti-ESG

1.5%

Anti-Fossil Fuels

21%

Anti-Pollution/Waste

30%

Animal Rights

12%

DEI

21%

Weapons/Defense

Human Rights

26%

Income Equality

38%

Political Speech/ Lobbying Spending

28%

Health Care

Race/Gender targets on Boards

44%

Non-Pecuniary Corporate Purpose

ESG-Focused Governance

15%

Abortion

12%

Pro-Fossil Fuel

Equality not DEI

Controversial Cause Support

Geopolitical Rivals/China