Brad Lander has recommended three of the city’s five pension funds rebid BlackRock’s U.S. public equities index mandates.
Only 21% of proposals that went to a vote were supported by shareholders, down from 35% in 2022.
Community Stabilization Partners was created after the 2023 collapse of Signature Bank to help support rent-stabilized apartments.
City Comptroller Brad Lander said he expects energy supply ratio disclosure will become a ‘new standard’ for the banking sector.
Brad Lander said a report by law firm Jenner & Block lacks rigor, expertise and worker input.
Three of the city’s pension funds filed shareholder proposals seeking greater fossil-fuel transparency at six of the largest banks in North America.
According to New York City Comptroller Brad Lander, a lack of worker input was among four main concerns with the evaluation.