The Final ERISA ESG Investment Rule is Not So Final

ESG Investment Rule

What appeared to be the final ESG investing rule issued by the U.S. Department of Labor (DOL) on October 30, 2020, is now in flux. The final ESG investing rule, which applies to a 401(k) or 401(b) type plan, had required ERISA plan fiduciaries to base investment decisions on financial factors alone, prohibiting fiduciaries from…

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Governments, Investors, & Litigators Are Focusing More on ESG

Focusing More on ESG

Companies need to know that governments, investors, and litigators are making environmental, social, and governance (ESG) criteria a priority. As a result, it won’t be enough for companies to simply claim they’re ESG-friendly; they’ll have to have mechanisms in place to prove it, or potentially face serious consequences. Governments First, let’s look at government efforts.…

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