Pension board eyes diversity stipulation

Written By Unknown on Senin, 06 April 2015 | 12.32

The state's pension board is considering a plan to use its shareholder muscle to press companies to include more women and racial minorities on corporate boards. A board vote on the plan is expected in Boston tomorrow.

A committee of the Pension Reserves Investment Management Board oversees the state's $61 billion pension fund and has recommended the board adopt the guidelines. Under them, the board would use its shareholder status in a company to vote against all corporate board nominees unless at least a quarter of them are women and racial minorities.

The rule was proposed by Democratic state Treasurer Deb Goldberg, who chairs the nine-member board. The group's administration committee unanimously backed the policy last month.

It also seeks to use the board's proxy voting to push companies to adopt wage equality, renewable energy and human rights standards.

Additional items on the board's agenda tomorrow includes new committee members, a report from executive director Michael Trotsky, an investment report, an audit and tax services recommendation, a draft fiscal 2016 operating budget, and updates on legal and legislative matters, travel and staff development.


Anda sedang membaca artikel tentang

Pension board eyes diversity stipulation

Dengan url

http://bintanggugel.blogspot.com/2015/04/pension-board-eyes-diversity-stipulation.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Pension board eyes diversity stipulation

namun jangan lupa untuk meletakkan link

Pension board eyes diversity stipulation

sebagai sumbernya

0 komentar:

Posting Komentar

techieblogger.com Techie Blogger Techie Blogger