Browsing Tag
Environmental Social and Governance (ESG)
220 posts
ESG Issues Continue to Make Headlines
Groom Law’s George Sepsakos and Jake Eigner describe regulatory and political developments in the ever-shifting environmental, social and governance landscape
Unlocking the Power of Retirement Plans for Climate Action
In this op-ed, Impact Experience’s Yejide Olutosin and Jenna Nicholas discuss a recently published opinion letter providing a legally defensible framework for evaluating ESG factors in employer-sponsored retirement plans
ESG Rule Survives Legal Challenge from Red State AGs
Federal judge’s decision Thursday keeps Labor Department’s controversial 2022 rule in force; draws praise from retirement industry voices
SEC Amends ‘Names Rule’ to Fight Greenwashing
The SEC voted to amend a rule that would mandate investment names with sustainable themes to invest at least 80% of its asset into funds
American Airlines Pushes Back on Amended ESG Complaint
The airline is asking the court to dismiss the former pilot's amended complaint with prejudice
American Airlines Pilot Maintains Claims in Amended 401(k) Complaint
The pilot doubled down on his claims that American Airlines prioritized ESG funds, after the airline filed a motion to dismiss
BlackRock’s Support for ESG Shareholder Proposals Eroding
Proxy voting report released today shows the top asset manager backed a significantly smaller share of environmental, social, and governance shareholder proposals in the past year
American Airlines Pilot Cuts Fidelity and Financial Engines from ESG Suit
The plaintiff dismissed both parties from the suit, leaving American Airlines and its employee benefits committee on as defendants
Report Shows 401(k) Funds Funnel Billions to Nuclear, Other Controversial Weapons
As You Sow analysis released this week finds the top 25 U.S. fund managers earn a “D” grade or worse due to investments in weapons manufacturers
DC’s Fiduciary Pulse
To help them protect defined contribution retirement plans, independent ERISA attorneys like those at Groom Law Group keep a finger on the pulse of policy developments in Washington D.C.