Lucinda Mahoney is a former commissioner of revenue (2020–22) in Alaska who had been appointed by Republican Gov. Mike Dunleavy but stepped down in late 2022 citing her desire to refocus more on her family and own health. She previously worked as a management consultant and as the CFO for the city of Anchorage (2009–14).
As head of Alaska’s Revenue Department, Mahoney had a slightly more nuanced position on ESG than other members of the State Financial Officers Foundation (SFOF). In submitted testimony opposing the FDIC’s proposed principles on climate-related risk management, she wrote that they “favor and elevate social and political issues to the detriment of Alaska, our businesses, our indigenous people, and all our Alaskan residents.” However, at a panel discussion on ESG at the 2022 Alaska Oil & Gas Association (AOGA) conference, the commissioner noted that Alaska’s natural resource development was being handled sustainability and with social factors—including its impact on indigenous people—in mind. She would often highlight how Alaska’s oil and gas revenue was beneficial to Native Alaskans, and tout that “Alaska is a longtime leader in all categories measured under ESG metrics.”
Mahoney holds a bachelor’s degree in business administration from the University of Texas–El Paso and an MBA from the University of Alaska–Anchorage. Much earlier in her career—before earning her MBA—she worked for an oil company.
- Signed a letter to the Securities and Exchange Commission (SEC) opposing the proposed rule known as the Enhancement and Standardization of Climate-Related Disclosures for Investors (6/17/22)
- Signed an SFOF letter and submitted testimony opposing the FDIC proposed principles on climate-related financial risk management for large financial institutions (6/3/22)
- Signed a comment letter to the Municipal Securities Rulemaking Board regarding ESG practices in the municipal securities market (3/8/22)
- Signed a letter to the Department of Labor opposing possible agency actions to protect life savings and pensions from threats of climate-related financial risks (5/16/22)