Browsing Tag
Environmental Social and Governance (ESG)
237 posts
Environmental, Social, and Governance (ESG) refers to a set of non-financial criteria used to evaluate a company’s operations and long-term sustainability. Environmental factors assess a company’s impact on nature (e.g., carbon emissions, resource use). Social factors examine relationships with employees, communities, and stakeholders (e.g., labor practices, diversity). Governance focuses on internal controls and leadership (e.g., board structure, executive pay). ESG principles guide responsible investing and corporate behavior by promoting transparency, ethics, and risk management.
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
As You Sow Calls Out Federal TSP for Investing Billions in Fossil Fuels
An analysis by As You Sow finds the Federal Thrift Savings Plan has invested over $35 billion in coal, oil, and gas companies
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