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July 19, 2011


DiNapoli Named to Ceres Board of Directors

New York State Comptroller Thomas P. DiNapoli today was elected to the Board of Directors of Ceres, the largest coalition of investment funds, sustainability organizations and other public interest groups in the United States.  He will serve a three-year term as an Investor Director and will be eligible for re-nomination at the 2014 Annual Meeting of the board.

“I am honored to join the board of directors of Ceres,” said DiNapoli. “Their emphasis on corporate responsibility and sustainability initiatives is something that I have worked hard to promote among companies in which the New York State Common Retirement Fund invests.  I am looking forward to working with this board on their important work in the coming years.”

DiNapoli’s appointment continues a relationship he has had with Ceres dating back to 2007, when he became a member of the Investor Network on Climate Risk. He has worked with Ceres on corporate governance initiatives involving energy companies addressing the risks posed by climate change.  In 2010, DiNapoli and Ceres joined forces again when they sent a joint letter to 27 major oil and gas companies that asked for a review of the safety of their respective offshore oil drilling operations.

Comptroller DiNapoli is the sole trustee of the New York State Common Retirement Fund, the third-largest public pension fund in the nation.  The New York State and Local Retirement System provides benefits for more than one million state and local government employees, retirees and beneficiaries.

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