Comptroller DiNapoli engages the companies the Fund invests with to have high ethical standards and transparency to protect shareholder value. To reinforce this, the Fund evaluates companies’ commitments to human rights, sustainability and political spending disclosure.
The Comptroller signed the United Nations Principles for Responsible Investment. It calls on selected companies to ensure that even their overseas suppliers uphold the labor rights standards of the UN’s International Labor Organization (ILO). Comptroller DiNapoli has also reached agreements with 21 companies since 2010 to disclose spending on political activities and lobbying.