Compliance | October 24th, 2023 NYC Pension Funds Argue ESG Lawsuit Hinges on ‘Legal Errors’ Parties continue to argue about the plaintiffs’ standing as three New York City public-employee pension funds seek to have the...
Compliance | August 10th, 2023 NYC Pensions Seek Dismissal of ESG Lawsuit Attorneys for the funds argue in their motion that the complaint is ‘wasting the court’s time.’
Compliance | May 5th, 2023 Florida Anti-ESG Bill Signed Into Law by DeSantis The governor hopes the bill will be a blueprint for states seeking to ban sustainable investing.
Compliance | December 5th, 2022 Fed Proposes Principles for Big Banks to Manage Climate Risks The proposed framework calls on large banks to account for economic risks related to climate change.
Compliance | December 2nd, 2022 Republicans Move to Prevent SEC Climate Disclosure Requirements Though the SEC has not approved its proposal to require climate-risk and carbon emissions disclosures, Republicans are moving to prevent...
Compliance | November 29th, 2022 The Mid-Term Results and What They Mean for ESG and SECURE 2.0 ESG strategists may experience greater uncertainty when Republicans take over the House, but supporters of SECURE 2.0 can still expect...
Investing | September 6th, 2022 California Pension Fund Seeks to Halve Exposure to Carbon Emitters CalSTRS will move 20% of its public equity portfolio to a passive, low-carbon strategy.
Products | August 1st, 2022 Sustainable Index Fund Debuts for 401(k) plans The Sphere Fossil-Free Fund is now available to more retirement plan investors.
Data and Research | July 5th, 2022 ESG Integral to Defined Benefit Plans According to a new Morningstar survey, institutional asset owners are in broad agreement that environmental, social and governance factors do...
Compliance | June 22nd, 2022 SEC’s Proposed Climate Regulation Draws Support and Criticism Investment consultants' sustainability group and others are supportive, while financial services firms and asset managers raise objections.
Compliance | March 21st, 2022 Climate Disclosure Rules Proposed by SEC Organizations would be required to disclose their governance of climate-related risks and relevant risk management processes, as well as their...
Compliance | February 11th, 2022 DOL Seeks Public Comments on Protecting Savings From Climate Change The agency is looking to identify actions it can take under ERISA and other relevant laws to safeguard employees’ savings...
Investing | August 18th, 2021 Climate Change and Benchmarking Risk for Retirement Plans Experts discuss how to conduct climate-change analysis and whether such an inquiry is a fiduciary duty, as forces are aligning...
Investing | June 28th, 2021 GAO Recommends That Federal Thrift Savings Plan Evaluate Climate Change Risk The agency identified how retirement plans for public and private-sector employees in other countries are already assessing their risk.
Investing | January 23rd, 2020 Pressure Is Building to Consider Climate Change When Investing Retirement plan fiduciaries, for now, should at least consider the role climate change will have on plan investments and vice...