Browsing Tag
Environmental Social and Governance (ESG)
221 posts
BlackRock, State Street, Vanguard Face ESG Lawsuit by 11 States
The suit claims that the asset managers limited competition by taking “substantial” stockholdings in U.S. coal producers
ESG Adoption Gradually Increases in 2023
Numbers are still lower compared to 2021's high adoption rate of 49%, finds Callan
SEC Docks Invesco Advisers $17.5M for Misleading ESG Statements
Charge involves 2020-2022 claims that a high percentage of company-wide assets were ESG integrated
DOL Fiduciary Rule, ESG Considerations Likely DOA Under Second Trump Term
Trump Administration expected to abandon current DOL rulemaking effort; eliminate or limit fiduciaries' consideration of ESG factors when selecting plan investments
As You Sow Calls Out Big Tech for $5 Billion Loss in 401(k) Returns
A report by the corporate social responsibility non-profit analyzed 401(k) plans of 12 tech sector companies
Gomez: DOL Fiduciary Rule Seeks to ‘Level the Playing Field’
Assistant Secretary of Labor tells NAPA 401(k) Summit audience to actually “read the rule” before judgment
Bill to Ban ESG Consideration in Retirement Plans Floated by House Republicans
Legislation is latest attempt to reverse Biden Administration’s controversial ESG rule
U.S. Asset Managers Differ on Environmental, Social Impacts
New Morningstar data today analyzes ESG voting records and policy stances of 10 largest U.S. asset managers
Institutional Investors, Asset Managers, Shift to Net-Zero Targets
Twenty-five percent of asset owners say they're planning to create a formal net-zero commitment within the next 12 months, finds Cerulli
Climate-Friendly Initiative Aims to Retire Big Oil in 401(k)s
A virtual protest by the Crane Institute of Sustainability wants to dismantle the fossil fuel industry from 401(k) accounts and instead help financial institutions offer ESG-backed funds