This report shows public data only. Is this your organisation? If so, login here to view your full report.

New York State Common Retirement Fund

PRI reporting framework 2020

You are in Indirect – Manager Selection, Appointment and Monitoring » Outputs and outcomes

Outputs and outcomes

SAM 08. Percentage of externally managed assets managed by PRI signatories (Private)


SAM 09. Examples of ESG issues in selection, appointment and monitoring processes

09.1. Provide examples of how ESG issues have been addressed in the manager selection, appointment and/or monitoring process for your organisation during the reporting year.

Topic or issue
          External Manager ESG Integration Review
        
Conducted by
Asset class
Scope and process

The Fund evaluates external managers’ ESG policies and performance when considering new mandates with investment managers. This is part of each step of investment processes and decision making.                                                                        ESG Report PGS 12-13                                                                                                                                       https://www.osc.state.ny.us/reports/esg-report-mar2017.pdf

 

Outcomes

The Fund evaluates external managers’ ESG policies and performance when considering new mandates with investment managers. This is part of each step of investment processes and decision making. 

ESGReport                                                                                                                                                                                                                                                                                                                      PGS 12-13                                                                                                                                                                                                                                                                  https://www.osc.state.ny.us/reports/esg-report-mar2017.pdf

Topic or issue
          Climate risks and opportunities
        
Conducted by
Asset class
Scope and process

ESGReport                                                                                                                                                                                                                                                                                                                      PGS 17                                                                                                                                                                                                                                                         https://www.osc.state.ny.us/reports/esg-report-mar2017.pdf

 

 

Outcomes

DiNapoli Releases Climate Action Plan Will Target Companies that Fail to Meet Investment Standards                                                                             https://www.osc.state.ny.us/press/releases/june19/060619a.htm

...double, from $10 billion to $20 billion over the next decade, the Fund’s commitment to its Sustainable Investment–Climate Solutions Program.

The climate action plan will also: Refine external manager evaluation to better assess the climate-related strategies of the Fund’s managers; and

 

NYS Comptroller DiNapoli Appoints First Director of Sustainable Investments and Climate Solutions                                                                                https://www.osc.state.ny.us/press/releases/jan20/010920.htm

The Fund has hire dedicated staff to identify sustainable investment opportunities including climate solutions.

09.2. Additional information.


Top