Delaware Average CBR Summary

Avg. Company Rating

Average Risk Rating: Medium

Avg. Rating Criteria

Corporate Weaponization Risk Levels
Criteria Risk Level
Cancellations Medium Risk
Discriminatory Philanthropy Medium Risk
Employment Protection High Risk

Corporate Weaponization

Corporate Governance and Public Policy Risk Levels
Criteria Risk Level
Advocacy Bias Medium Risk
Funding Medium Risk
Political Actions Medium Risk

Corporate Governance and Public Policy

State Leadership

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State Pension Fund Summary

Delaware has one main public pension system: the Delaware Public Employees’ Retirement System (DPERS).

  • The DPERS board represents all eligible state and local employees and consists of 7 members: 2 Ex Officio (State Secretary of Finance, Office of Management and Budget Director); 5 appointed by the Governor with the consent of the majority of the Senate.

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.

Delaware does not disclose its proxy voting records for directly owned securities through pension fund portfolios and refused to comply with a FOIA request for this information. The 1792 Exchange encourages Delaware to publish its proxy voting records instead of keeping its pensioners in the dark about how the state votes on ESG issues with their money.

Pension Funds Management

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