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ESG in Retirement Plans: 4 takeaways on the final rule

ESG in Retirement Plans: 4 takeaways on the final rule

Sustainability Matters Considering ESG factors is consistent with fiduciary duty The U.S. Department of Labor (DOL) finalized a rule last week that will remove barriers, real and perceived, to ESG investing in retirement plans governed under the Employee Retirement Income Security Act of 1974 (ERISA). Called “Prudence and Loyalty In Selecting Plan Investments and Exercising Shareholder Rights,” the new rule replaces…

What the Red Trickle means for ESG

What the Red Trickle means for ESG

End of Week Notes Why the anti-ESG campaign won’t work The massive Red Wave that threatened to swamp Democrats in the midterm elections turned out to be a trickle made possible by gerrymandering. If I may put my political science cap on for a moment, it never stood to reason that this would be a typical midterm because we are not living…