Browsing Tag
Environmental Social and Governance (ESG)
224 posts
The Impact Anti-DEI/ESG May Have on Fiduciary Responsibility
To act in the best interests of a client, a fiduciary has a duty to align the client’s goals and objectives with their core values, priorities, and sense of purpose
Despite Stall, Investors Express Interest in ESG Screens
The interest presents an opportunity for firms, especially as more Millennials accumulate wealth in the coming years, reports Cerulli
Judge Finds American Airlines Liable for ESG Investing in 401(k) Plan
Ruling announced today says airline breached its fiduciary duty of loyalty by failing to act solely in the plan’s best financial interests
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