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Pension fund assets grow minority, women-owned businesses
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Pension Funds Talk Green While Holding Billions in Polluter Stocks
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Pension funds talk green but hold billions in polluter stocks
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Brad Lander, the Democratic nominee for New York City comptroller, on Monday criticized the state comptroller office’s moves against Unilever, the parent company of Ben & Jerry’s, over the ice cream makers decision to end sales in the occupied West Bank.
In a letter sent to Unilever’s CEO on Friday, Liz Gordon, executive director of the New York State Common Retirement Fund, said the office will examine whether Ben & Jerry’s violated the state’s policy of prohibiting investments in companies involved in the Boycott, Divestment, and Sanctions movement.
Lander objected.
“Actions that erase the distinction between Israel and its settlements in occupied territory are effectively endorsing annexation and today’s unjust one-state status quo,” Lander said in a statement.
CalPERS finds proxy success by employing team approach
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