Data and Research | December 18th, 2024 ESG Goals Remain in S&P 500 Firms’ Executive Incentive Plans 77% of companies still included at least one ESG metric in 2024, WTW reports.
Compliance | July 3rd, 2024 Lawsuit Against NYC Pension Funds’ Divestment in Fossil Fuels Dismissed A New York State judge dismissed the complaint due to lack of standing and failure to demonstrate injury.
Compliance | June 21st, 2024 Judge Denies American Airlines’ Bid for Summary Judgment in ESG Lawsuit The trial is confirmed to begin Monday, June 24, in Texas federal court.
Compliance | May 23rd, 2024 Texas Judge Certifies Class in Pilot’s Anti-ESG Case A class of participants was certified in a federal district court lawsuit against American Airlines’ Plan for Pilots.
Compliance | February 22nd, 2024 Judge Denies American Airlines’ Motion to Dismiss Federal judge allows lawsuit against American Airlines’ defined contribution plans to proceed.
Compliance | January 19th, 2024 26 State Attorneys General Appeal Biden ESG Rule Decision Republicans appeal to the U.S. 5th Circuit Court of Appeals, requesting it strike down the rule that permits environmental, social...
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...
Administration | October 12th, 2023 Former Pilot Adds to Arguments in American Airlines ESG Case The plaintiff, Bryan Spence, referenced another federal court’s decision in asking a Texas federal court to deny the defendants’ motion...
Compliance | October 2nd, 2023 Dueling Motions Filed in American Airlines ESG Lawsuit Both parties brought motions as a former pilot asserts that fiduciaries for American Airlines’ defined contribution plans breached their duty...
Compliance | September 28th, 2023 Plaintiffs File Dueling Motion in NYC Pension Funds ESG Lawsuit Plaintiffs seek to add former U.S. Labor Secretary Eugene Scalia to their legal team.
Administration | August 15th, 2023 Judge Sets Trial Date for American Airlines ESG Lawsuit The airline has sought to dismiss the litigation, but the trial could begin in late June of next year.
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.’
Benefits | June 21st, 2023 Vanguard Lagged BlackRock, State Street on ESG Proposals Morningstar research examining a sample of shareholder proposals showed Vanguard opposed almost three-quarters of resolutions linked to environment, social and...
Compliance | March 1st, 2023 Senate Follows House in Rejecting DOL ESG Rule A resolution to nullify the rule to allow for ESG factors in retirement plan investments will now go to Biden’s...
Investing | November 4th, 2022 Callan: DC Plan ESG Use Drops in ’22 On Backlash, Rule Confusion A potential backlash on ESG investing along with confusion over DOL guidance led to a 14% drop in ESG implementation...
Data and Research | May 6th, 2022 High-Net-Worth Investors Have Reimagined Retirement Investors with $5 million of investable assets have envisioned a new retirement roadmap.
Data and Research | April 11th, 2022 In-Plan ESG Options Could Increase Retirement Contributions The majority of plan participants that are currently investing—or would like to invest—in environmental, social and governance funds want their...
Compliance | May 27th, 2021 Biden Asks DOL to Consider Rescinding Last ESG Rule The president appears to want to pave the way for more ESG investing in retirement plans.
Investing | September 22nd, 2020 PSNC 2020: Time to Get Serious About ESG? Environmental, social and governance investing is slowing becoming pervasive in DC plans, particularly as Millennials are poised to become the...
Investing | December 13th, 2019 Sustaintable Portfolios Hold Their Own S&P studied companies demonstrating three levels of carbon sensitivity and found that all three held up in terms of stock...