Florida
180 Companies Headquartered in Florida
AAA, abeka, Accor, Achieva Credit Union, Acosta Group, ADT Security, Advanced Flower Capital, Advanced Flower Capital Inc., AdventHealth, AerSale Corporation
Florida Average CBR Summary
Avg. Company Rating
Avg. Rating Criteria
| Criteria | Risk Level |
|---|---|
| Cancellations | Lower Risk |
| Discriminatory Philanthropy | Lower Risk |
| Employment Protection | Medium Risk |
Corporate Weaponization
| Criteria | Risk Level |
|---|---|
| Advocacy Bias | Medium Risk |
| Funding | Lower Risk |
| Political Actions | Medium Risk |
Corporate Governance and Public Policy
State Leadership
State Pension Fund Summary
Florida’s State Board of Administration (SBA) is the organization responsible for managing the investments of the Florida Retirement System (FRS), which is the largest public pension system in the state.
- The SBA board represents all eligible public employees of the state and local governments and consists of 3 Ex Officio members (the Governor of Florida, the Chief Financial Officer of Florida, and the Attorney General of Florida).
- The SBA discloses its specific proxy voting records on this website.
- The SBA uses Glass Lewis for its proxy advisory services.
- The SBA does not disclose the identity of its general investment consultant in its 2024 Annual Investment Report. However, according to its September 2024 report, the SBA’s general investment consultants are likely Aon and Cambridge Associates.
The “State Voting” and “Asset Manager Voting” tables show the same proxy voting records for directly and indirectly owned securities. This is because the SBA exercises its contractual right to vote all proxies, even those relating to shares held in externally managed accounts by asset managers. For this reason, there is no need to display Florida’s voting record by Asset Manager.
The 1792 Exchange commends the SBA for voting all proxies and for publicly disclosing proxy voting information online for its pensioners.