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NYS Comptroller DiNapoli Seeks Answers From Companies on Sexual Harassment and Racial Discrimination
… or through litigation. Beyond the pain and suffering they cause, the proposals note that civil rights violations within … to 2,500 allegedly injured employees to be $930 million. News reports have detailed alleged sexual abuse, … for any wrongdoing. Tesla has been the subject of news reports and allegations of gender and race …
https://www.osc.ny.gov/press/releases/2022/02/nys-comptroller-dinapoli-seeks-answers-companies-sexual-harassment-and-racial-discriminationDiNapoli: State Pension Fund Calls on Companies to Address Climate Risk, Transition to Cleaner Operations
… five major U.S. companies, including Domino’s Pizza Inc., to set targets to reduce their greenhouse gas emissions (GHG), adopt new … trustee of the Fund, announced today. In response to the agreements, the Fund withdrew the shareholder … with five major US companies including Dominos Pizza Inc to set targets to reduce their greenhouse gas emissions GHG …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-state-pension-fund-calls-companies-address-climate-risk-transition-cleaner-operationsNYS Comptroller DiNapoli and the Fire and Police Pension Association of Colorado Statements on Proposed Settlement of Boeing Lawsuit
… Comptroller Thomas P. DiNapoli and the Fire and Police Pension Association of Colorado (FPPA) issued the following … fiduciary duties in a manner that harmed the company. The pension funds’ lawsuit sought damages and corporate … State Common Retirement Fund is the third largest public pension fund in the United States. The Fund holds and invests …
https://www.osc.ny.gov/press/releases/2021/11/nys-comptroller-dinapoli-and-fire-and-police-pension-association-colorado-statements-proposedNew York State Comptroller DiNapoli & Fire and Police Pension Association of Colorado Announce Appointment as Lead Plaintiffs in Boeing Shareholder Lawsuit
… for safety resulted in the flawed design of Boeing’s 737 MAX, leading to the tragic deaths of 346 passengers and the grounding of all 737 Max aircraft. "Boeing’s Board and officers cut corners and …
https://www.osc.ny.gov/press/releases/2020/08/new-york-state-comptroller-dinapoli-fire-and-police-pension-association-colorado-announce-appointmentComptroller DiNapoli Announces $50 Million Toward Small Business Relief, Job Retention
… payroll, rent, mortgage interest, or utilities. The Fund’s commitment will supplement PPP loans being administered by … New York Business Development Corporation). Returns to the Fund will be consistent with U.S. Treasury securities. … the SBA . The latest $484 billion relief package included an additional $310 billion for the PPP. About the New York …
https://www.osc.ny.gov/press/releases/2020/04/comptroller-dinapoli-announces-50-million-toward-small-business-relief-job-retentionCost-Saving Ideas: Containing Employee Health Insurance Costs
… the option of a cash payment in lieu of health benefits. This provides a win-win: you save money by paying an amount … agreement with other local governments. This way you can share the costs of the plan, stabilize claims costs and … to establish the cooperative. Other Ways to Trim Costs Wellness programs – These promote healthy habits and include …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-containing-employee-health-insurance-costsDiNapoli Announces $1.2 Billion in New Commitments to State Pension Fund's Emerging Manager Program
… pension fund,”said DiNapoli. “The recent $1.2 billion in commitments to the program will help strengthen the Fund’s … included an additional $500 million allocation to Artemis Real Estate Partners for real estate investments, an additional …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-announces-12-billion-new-commitments-state-pension-funds-emerging-manager-programNYS Comptroller DiNapoli: ExxonMobil Agrees to Assess Impacts of Climate Change
… to implement the shareholder request that the company analyze how worldwide efforts to adopt the Paris Agreement … carbon economy." The shareholder proposal asked Exxon to analyze how the Paris Agreement's goal of restricting global … to implement the shareholder request that the company analyze how worldwide efforts to adopt the Paris Agreement …
https://www.osc.ny.gov/press/releases/2017/12/nys-comptroller-dinapoli-exxonmobil-agrees-assess-impacts-climate-changeOverview – XI. Procurement and Contract Management
… Quick Contracting is intended to significantly lessen the … that use an Invitation for Bid (IFB) are eligible for the Quick Contracting program if they meet the prescribed criteria. Section 6.A - Quick Contracting–Commodity, Printing, Miscellaneous Services … Quick Contracting is intended to significantly lessen the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi6-overviewTown of Hempstead Local Development Corporation – Fund Balance (2021M-61)
… Town of Hempstead Local Development Corporation’s (THLDC) Board of Directors (Board) effectively managed fund balance. Key Findings The Board did not effectively manage fund balance. The Board did … the Town of Hempstead Local Development Corporations THLDC Board of Directors Board effectively managed fund balance …
https://www.osc.ny.gov/local-government/audits/local-development-corporation/2021/07/02/town-hempstead-local-development-corporation-fund-balanceDelaware-Chenango-Madison-Otsego (DCMO) Board of Cooperative Educational Services – Procurement (2021M-193)
… documentation to support efforts were made to obtain the best price. None of the 10 professional service providers we …
https://www.osc.ny.gov/local-government/audits/boces/2022/02/11/delaware-chenango-madison-otsego-dcmo-board-cooperative-educational-servicesFly Creek Fire District – Non-Payroll Disbursements (2022M-115)
… District purposes and audited prior to payment, the Board of Fire Commissioners (Board) did not ensure purchases were … totaling $53,425. The Treasurer performed all aspects of the disbursements process with little oversight or …
https://www.osc.ny.gov/local-government/audits/fire-district/2022/09/23/fly-creek-fire-district-non-payroll-disbursements-2022m-115Town of McDonough – Financial Operations (2017M-120)
… officials did not always ensure that purchases were at the best prices and disbursements were for proper Town purposes. …
https://www.osc.ny.gov/local-government/audits/town/2017/09/15/town-mcdonough-financial-operations-2017m-120State Comptroller Thomas P. DiNapoli Statement on IDA Reform Legislaton (S.5867/A.7915)
… with new reforms now signed into law. “These measures build upon many of the best practices employed by some IDAs …
https://www.osc.ny.gov/press/releases/2015/12/state-comptroller-thomas-p-dinapoli-statement-ida-reform-legislaton-s5867a7915DiNapoli: Investment in Upstate Company Returns $33.8 Million to State Pension Fund
… fund dollars into New York companies and it is paying off for the companies and for the state pension fund, which made six times our original … growth both regionally and internationally,”said Mark Cattini, CEO and president of Autotask. “We’ve grown …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-investment-upstate-company-returns-338-million-state-pension-fundNY State Comptroller DiNapoli Announces Appointment of Interim Emerging Managers Director
… New York State Common Retirement Fund’s (Fund) Emerging Manager Program. “Since taking office, I have made the Emerging Manager Program one of the Fund’s top priorities,” DiNapoli, … from the program. The Fund holds an annual Emerging Manager & MWBE (minority and women owned business entities) …
https://www.osc.ny.gov/press/releases/2023/02/ny-state-comptroller-dinapoli-announces-appointment-interim-emerging-managers-directorDiNapoli: State Pension Fund Adds $350 Million to Investment Funds Geared to New York Companies
… is committing another $350 million to two investment funds through its In-State Private Equity Investment Program, … million in the new Hudson River Co-investment Fund IV. The funds make equity co-investments (investments alongside a … New York-based companies. Hamilton Lane will manage the funds. The firm has a 20-year successful track-record …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-state-pension-fund-adds-350-million-investment-funds-geared-new-york-companiesDiNapoli: Chipotle Needs to Address Concerns Over Racial Equity and Inclusion
… behalf of the New York State Common Retirement Fund (Fund) to fellow Chipotle Mexican Grill Inc. shareholders in advance … an independent audit of the company’s practices related to civil rights, racial equity, diversity and inclusion, and … and COVID-19 practices. Despite its stated commitment to combatting racial inequity, neither the company nor its …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-chipotle-needs-address-concerns-over-racial-equity-and-inclusionDiNapoli Restricts Investments in 21 Shale Oil & Gas Companies
… Fund (Fund) will restrict investments in 21 shale oil and gas producing companies, including Pioneer Natural … profitable and dynamic future,” DiNapoli said. “The shale oil and gas industry faces numerous obstacles going forward … are unprepared to adapt to a low-carbon future.” The oil and gas industry, including shale oil and gas companies, …
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
… an agreement with Ohio-based utility FirstEnergy Corp. to comprehensively disclose its political spending, New York … trustee of the Fund, announced today. In response to the agreement, the Fund withdrew its shareholder … “Many publicly traded companies use corporate funds to influence the political process and it is important …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-firstenergy-corp-agrees-disclose-its-political-spending