New York State Common Retirement Fund Has $43,000 Stake in Danimer Scientific, Inc. (NYSE:DNMR)

The New York State Common Retirement Fund (NYSCRF) is a public pension fund that manages retirement benefits for state employees and retirees. As of 2021, the NYSCRF has a $43,000 stake in Danimer Scientific, Inc., a company that produces biodegradable plastics and other materials.

Danimer Scientific, Inc. is headquartered in New York City and was founded in 2009. The company's mission is to develop sustainable solutions for the plastic industry by using renewable resources and innovative technologies. Danimer Scientific's products are designed to be biodegradable, compostable, and recyclable, which makes them more environmentally friendly than traditional plastics.

The NYSCRF's investment in Danimer Scientific, Inc. is part of its broader strategy to invest in companies that promote sustainability and environmental responsibility. The fund has a long history of investing in companies that align with its values and have the potential for growth and profitability.

It's worth noting that while the NYSCRF has a stake in Danimer Scientific, Inc., this does not necessarily mean that the fund is endorsing or promoting the company's products or services. The fund's investment decisions are based on a rigorous analysis of each company's financial performance, management team, and alignment with the fund's values and objectives.