Three substantively identical environment-related shareholder proposals introduced at oil or electricity companies—ExxonMobil, Occidental Petroleum, and PPL—each received the support of a majority of shareholders. The proposals were predicated upon the November 2016 implementation of the December 2015 "Paris Agreement," entered into at the 21st Conference of the Parties to the UN Framework Convention on Climate Change. The New York State Common Retirement Fund, which holds pension assets in trust for the New York State & Local Retirement System, was a sponsor of all three proposals and the lead sponsor of proposals at ExxonMobil and PPL; the California Public Employees Retirement System (CalPERS), which similarly holds assets in trust for California public employees, was the lead sponsor of the proposal at Occidental.