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New York State Comptroller Thomas P. DiNapoli has announced that the New York State Common Retirement Fund (The Fund) was valued at an estimated $160.4 billion and earned an estimated 10.38 percent rate of return on its investments for the fiscal year ending March 31, 2013. More…
New York State Comptroller Thomas P. DiNapoli recently announced agreements with Best Buy and Bed Bath & Beyond to encourage their suppliers to report on workplace safety, human and worker rights and environmental compliance.
“Companies face significant legal, reputational and operational risks when their suppliers do not promote sustainable business practices,” DiNapoli said. “Best Buy and Bed Bath & Beyond have agreed to encourage accountability among suppliers on critical issues which demonstrate that they are operating responsibly. Companies across the globe should take a comprehensive look at their operations and determine whether their suppliers are taking similar steps to ensure labor, environmental and safety standards are upheld.” More…
Comptroller DiNapoli sets the record straight about New York’s pension system, making it clear that all public pension systems are not equal. More…