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DiNapoli Restricts Investments in 21 Shale Oil & Gas Companies
… companies, including Pioneer Natural Resources Co., Hess Corp. and Chesapeake Energy Corp., that have failed to demonstrate they are prepared for … viable transition strategies. The 21 companies are: APA Corp. Apache Corp. Baytex Energy Corp. Birchcliff Energy Ltd. …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-restricts-investments-21-shale-oil-gas-companiesDiNapoli: Employer Contribution Rates Stable for State Fiscal Year 2019-2020
… of 98 percent, according to actuarial calculations. "Solid investment returns help keep contribution rates stable and … security of our over one million members." The Fund's investment rate of return was 11.35 percent with an audited … Local Retirement System (NYSLRS) are determined based on investment performance for the past five fiscal years and …
https://www.osc.ny.gov/press/releases/2018/08/dinapoli-employer-contribution-rates-stable-state-fiscal-year-2019-2020Shareholders Send Exxon a Strong Message on Climate Change
… by New York State Comptroller Thomas P. DiNapoli and the Church Commissioners for England, asks the company to assess … Edward Mason, Head of Responsible Investment for the Church Commissioners, said: “We are delighted to have got the … to similar shareholder proposals co-filed in 2015 by the Church Commissioners and other investors and endorsed by the …
https://www.osc.ny.gov/press/releases/2016/05/shareholders-send-exxon-strong-message-climate-changeState Comptroller DiNapoli Adds $3 Billion to the State Pension Fund’s Sustainable Investment Program
… address the risk of climate change," DiNapoli said. "The current Administration in Washington may have withdrawn from … Program includes more than $4 billion in its low emissions index, which launched in January 2016. The index eliminates … Supported the Climate Risk Disclosure Act sponsored by US Senator Elizabeth Warren that would direct the Securities …
https://www.osc.ny.gov/press/releases/2018/12/state-comptroller-dinapoli-adds-3-billion-state-pension-funds-sustainable-investment-programNYS Common Retirement Fund Reports Third Quarter Results
… was 10.01 percent for the three-month period ending Dec. 31, 2020, and ended the quarter with an estimated value … fiscal year end March 31, 2020, was $194.3 billion. As of Dec. 31, 2020, the Fund had 54.8 percent of its assets … 202021 was 1001 percent for the threemonth period ending Dec 31 2020 and ended the quarter with an estimated value of …
https://www.osc.ny.gov/press/releases/2021/02/nys-common-retirement-fund-reports-third-quarter-resultsDiNapoli: State Pension Fund Posts 9.5% Annual Investment Return
… New York State Common Retirement Fund’s (Fund) investment return was 9.51% for the state fiscal year that ended March 31, 2022. The return on investments increased the Fund’s value to $272.1 … it finished the year above our assumed rate of return,” DiNapoli said. “Still, the turmoil in the markets …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-state-pension-fund-posts-9-point-5-annual-investment-returnArkville Fire District – Internal Controls Over Financial Activities (2015M-65)
… general fund budget totals approximately $35,000 for the 2015 fiscal year. Key Findings The Board has not adopted a …
https://www.osc.ny.gov/local-government/audits/fire-district/2015/07/03/arkville-fire-district-internal-controls-over-financial-activities-2015m-65Corporate Governance
The New York State Common Retirement Funds Corporate Governance Program supports and facilitates the integration of environmental social and governance ESG into the Funds investments process
https://www.osc.ny.gov/common-retirement-fund/corporate-governanceArchived: Legislative Session 2021–2022
Archived Legislation items from the 202122 Session proposed by Comptroller DiNapoli to increase accountability and transparency in state and local government
https://www.osc.ny.gov/legislation/archived-legislative-session-2021-2022Opinion 91-42
… VILLAGE TREASURER -- Powers and Duties (authority to have custody of fire department funds) VILLAGES -- Powers and … may not agree to transfer fire department moneys into the custody of the village treasurer to be jointly invested with … may agree to transfer to the village treasurer the custody of moneys presently held by the fire department for …
https://www.osc.ny.gov/legal-opinions/opinion-91-42State Comptroller DiNapoli Releases Municipal & School Audits
… Preparatory Academy Charter School – Credit Cards (Erie County) Credit card charges reviewed by auditors were …
https://www.osc.ny.gov/press/releases/2023/09/state-comptroller-dinapoli-releases-municipal-school-audits-0DiNapoli Moves State Pension Fund Toward Net Zero Target, Restricts Investments in Oil Sands Companies
… Exploration Ltd. The Fund will not directly purchase or directly hold debt or equity securities, or invest through an actively managed account or vehicle, in …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-moves-state-pension-fund-toward-net-zero-target-restricts-investments-oil-sands-companiesDiNapoli Announces More Climate Actions; NYS Pension Fund Launches Evaluation of Shale Oil and Gas Companies
… the list are major energy companies including Marathon Oil Corp., ConocoPhillips and Hess Corp. Shale rock deposits containing reserves of crude oil … investments in the following coal producers: New Hope Corp., PT Indo Tambangraya Megah Tbk, Semirara Mining and …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-announces-more-climate-actions-nys-pension-fund-launches-evaluation-shale-oil-and-gasState Pension Employer Contribution Rates Announced for 2020-21, Assumed Rate of Return Lowered
… year for the Employees’ Retirement System (ERS) with a small increase in rates for the Police and Fire Retirement … to 24.4 percent of payroll. NYSLRS is made up of these two systems, which pay pension benefits to public employees. … 2012, DiNapoli began providing employers with access to a two-year projection of their annual pension bill six weeks …
https://www.osc.ny.gov/press/releases/2019/08/state-pension-employer-contribution-rates-announced-2020-21-assumed-rate-return-loweredNYS Comptroller DiNapoli Continues to Hold Corporate America Accountable for Poor Climate Policies
… (CPRI), Dollar General Corporation (DG), Keurig Dr. Pepper Inc. (KDP) and Under Armour, Inc . (UAA) agreed to set targets for increased energy … action. Three oil and gas companies — Concho Resources, Inc. (CXO), Range Resources Inc. (RRC) and Diamondback …
https://www.osc.ny.gov/press/releases/2019/09/nys-comptroller-dinapoli-continues-hold-corporate-america-accountable-poor-climate-policiesChenango County Industrial Development Agency – Project Approval and Monitoring (2022M-10)
… identify investment shortfalls. Verify that businesses are meeting agreed upon job creation and retention goals. Track … as stated in applications. Verify that businesses are meeting agreed upon job creation and retention goals. Track …
https://www.osc.ny.gov/local-government/audits/county/2022/04/22/chenango-county-industrial-development-agency-project-approval-and-monitoringMcConnellsville Fire District – Financial Operations (2014M-19)
… and separate from the Towns of Vienna and Annsville, in Oneida County. The District is governed by a five-member …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/04/04/mcconnellsville-fire-district-financial-operations-2014m-19NY State Comptroller DiNapoli Announces Responsible Workforce Management Policy for Private Equity Investments
… understand our position clearly. We expect them to support fair treatment of workers throughout their portfolio … workers‘ rights and protections, health and safety, fair compensation, and skills development and training. A …
https://www.osc.ny.gov/press/releases/2024/04/ny-state-comptroller-dinapoli-announces-responsible-workforce-management-policy-private-equityDiNapoli: No Good Options for MTA to Manage Hole in Capital Funding
… $2.75 billion. System Improvements: Accessibility and Signal Modernization, $5.65 billion. Network Expansion: … billion. Administrative and Various: Communication, Power, Signal Modernization, $5.67 billion. The report also …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-no-good-options-mta-manage-hole-capital-fundingNYSLRS Announces Employer Contribution Rates for 2024-25
… of 90.3% as of March 31, 2023. NYSLRS is consistently ranked among the nation’s best funded retirement systems. A … required to review the actuarial assumptions and issue an annual report . The recommendations are reviewed by the independent …
https://www.osc.ny.gov/press/releases/2023/08/nyslrs-announces-employer-contribution-rates-2024-25