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DiNapoli: Chipotle Needs to Address Concerns Over Racial Equity and Inclusion
… including Starbucks, Facebook and Airbnb. More recently, Amazon , JPMorgan Chase, BlackRock and Morgan Stanley …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-chipotle-needs-address-concerns-over-racial-equity-and-inclusionDiNapoli Calls on Twitter & Other Major Corporations to Take Action on Political Spending Transparency
… filing of eight shareholder proposals requesting companies to comprehensively disclose their political spending. The … on the Capitol show just how risky it can be for companies to fund political agendas,” DiNapoli said. “Corporate … with our democracy itself under attack, corporations have to question whether any spending on political causes is in …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-calls-twitter-other-major-corporations-take-action-political-spending-transparencyDiNapoli Restricts Investments in 21 Shale Oil & Gas Companies
… The New York State Common Retirement Fund (Fund) will restrict investments in 21 shale oil and gas producing … Inc. Pioneer Natural Resources Co. SM Energy Co. The Fund will divest more than $238 million in public equity and debt … securities issued by these companies. These securities will be sold in a prudent manner and timeframe, consistent …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-restricts-investments-21-shale-oil-gas-companiesDiNapoli: FirstEnergy Corp. Agrees to Disclose Its Political Spending
… The New York State Common Retirement Fund (Fund) has reached an agreement with Ohio-based utility … York State Comptroller Thomas P. DiNapoli, trustee of the Fund, announced today. In response to the agreement, the Fund … The New York State Common Retirement Fund Fund has reached an agreement with Ohiobased utility …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-firstenergy-corp-agrees-disclose-its-political-spendingAmazon Shareholders Urged To Support Audit of Company’s Policies on Racial Inclusion
… Thomas P. DiNapoli today released a statement on behalf of the New York State Common Retirement Fund (Fund) to fellow Amazon shareholders in advance of the company’s annual shareholders’ meeting on May 26, … Fund’s shareholder proposal seeking an independent audit of the company’s practices related to civil rights, racial …
https://www.osc.ny.gov/press/releases/2021/05/amazon-shareholders-urged-support-audit-companys-policies-racial-inclusionDiNapoli Announces $15 Million Investment in Northern Ireland
… New York State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund (Fund) is investing … million (£9 million) with Northern Ireland venture capital firm Crescent Capital. The allocation followed an intensive … New York State Comptroller Thomas P DiNapoli today announced …
https://www.osc.ny.gov/press/releases/2014/03/dinapoli-announces-15-million-investment-northern-irelandShareholders Cheer Lowe's New Green Energy Initiatives
… towards reducing its carbon footprint and increasing the energy efficiency of its stores nationwide. The New York State Common Retirement Fund (the Fund) and Boston Common Asset Management had communicated … towards reducing its carbon footprint and increasing the energy efficiency of its stores nationwide …
https://www.osc.ny.gov/press/releases/2018/03/shareholders-cheer-lowes-new-green-energy-initiativesTown of Cohocton – Procurement (2025M-13)
… also guards against favoritism, extravagance and fraud, while allowing interested vendors a fair and equal … always solicit competition in accordance with the Town’s procurement policy, statutory requirements or good business … it was an inconvenience for them to adhere to the Town’s procurement policy. Officials’ general disregard for the …
https://www.osc.ny.gov/local-government/audits/town/2025/07/03/town-cohocton-procurement-2025m-13DiNapoli: State Pension Fund Will Vote Against Board Members at Corporations With No Women Directors
… against all board directors standing for re-election at companies that have no women on their boards. In situations … DiNapoli also announced agreements with four Fortune 500 companies to formally include gender and racial diversity in … "It is unconscionable that hundreds of publicly-held U.S. companies have no women directors," DiNapoli said. "We're …
https://www.osc.ny.gov/press/releases/2018/03/dinapoli-state-pension-fund-will-vote-against-board-members-corporations-no-women-directorsDiNapoli Announces New Technology Investment Through Contour Venture Partners
… a New York City-based technology company specializing in boosting sales through tracking website visitor activity, received venture funding through Contour … today. The investment was made through the Fund’s In-State Private Equity Program which makes investments in …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-announces-new-technology-investment-through-contour-venture-partnersAccounts Payable Advisory No. 47
… a PO for all single purchases of $10,000 or more from any vendor that has a classification as a “procurement supplier” in the NYS vendor file. This policy, subject exceptions, is applicable … regardless of whether the agency intends to pay the vendor with a check, electronic payment (ACH) or with the …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/47-purchase-orders-and-procurement-card-useScience Academies of New York Charter Schools – Purchase versus Lease of Buildings (2017M-279)
… York Charter Schools (SANY) has school buildings in the City of Syracuse and the Town of Geddes in Onondaga County, the City of Utica in Oneida County and the Town of Frankfort in … of leasing versus purchasing buildings to ensure the best interests of SANY are met. The Board should explore …
https://www.osc.ny.gov/local-government/audits/charter-school/2018/03/30/science-academies-new-york-charter-schools-purchase-versus-lease-buildingsTown of Middleburgh – Claims Audit Process (2023M-56)
… of Middleburgh (Town) Town Board (Board) properly audited claims prior to payment. Key Findings The Board did not properly audit claims prior to approving them for payment. As a result, the risk is increased that claims could have been paid for inappropriate purposes. From …
https://www.osc.ny.gov/local-government/audits/town/2023/07/07/town-middleburgh-claims-audit-process-2023m-56Fishers Island Waste Management District -- Purchasing (2015M-292)
… audit was to evaluate the District’s purchasing practices for the period January 1, 2014 through June 30, 2015. Background The Fishers Island Waste Management District is located in the Town of Southold in Suffolk County. The District, …
https://www.osc.ny.gov/local-government/audits/district/2016/01/29/fishers-island-waste-management-district-purchasing-2015m-292XIX.2.A Project IDs and Description – XIX. Project Costing (PCIP)
… Project ID Project ID in SFS is an internal identifier to capture costs related … Project ID in SFS is an internal identifier to capture costs related …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xix/xix2a-project-ids-and-descriptionU-Crest Fire District #4 – Travel Expenditures (2017M-35)
… could have saved up to $12,800 if discounted conference hotel rates were used when available. Key Recommendations … than the GSA rates. Plan conference travel, including hotel reservations, in advance to obtain the best possible …
https://www.osc.ny.gov/local-government/audits/fire-district/2017/04/26/u-crest-fire-district-4-travel-expenditures-2017m-35Manchester-Shortsville Central School District – Instructional Complex Capital Improvement Project (2021M-103)
… totaling approximately $1.2 million and completed $149,000 in additional work that were not presented to and approved by … the statutory bid limit. Procure professional services in accordance with District policy. District officials agreed …
https://www.osc.ny.gov/local-government/audits/school-district/2021/10/01/manchester-shortsville-central-school-district-instructional-complexOversight of Mental Health Education in Schools
… taking to ensure that school districts have the necessary mental health education in place as required by law. We also sought to determine what mental health services are available at the school districts. … educators, and parents. Children already coping with mental health conditions have been especially vulnerable to …
https://www.osc.ny.gov/state-agencies/audits/2022/04/11/oversight-mental-health-education-schoolsDiNapoli Announces State Pension Fund's 2024 Corporate Governance Stewardship Priorities
… today outlined the Fund’s stewardship priorities for 2024, including setting expectations related to climate … and voting, aim to achieve just that. As we start the 2024 proxy season, I am confident that our stewardship … speaking directly with company directors and executives. 2024 Stewardship Priorities The release of the Fund's 2024 …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-announces-state-pension-funds-2024-corporate-governance-stewardship-prioritiesOpinion 99-14
… officials have a fiduciary duty to secure the best price obtainable in their judgment or the most beneficial … be the one which the board believes will yield the best price or maximum financial benefits (see, e.g., Feldman v … should take appropriate measures to ensure that the sale price is upon the best or most beneficial terms. 2 It is …
https://www.osc.ny.gov/legal-opinions/opinion-99-14