Tag: ESG

The court’s decision says that the rule does not violate ERISA, but another case in Wisconsin continues.

In the 2022 proxy season, state and local pension funds showed stronger support for ESG considerations than sustainable funds and...

House Republicans again push to roll back ESG investing for plan participants.

A fiduciary can use climate funds, as long as they ‘equally serve’ the financial interests of participants.

The plaintiff responds to an American Airlines motion to dismiss by alleging he was, in fact, defaulted into ESG-related funds...

The airline has sought to dismiss the litigation, but the trial could begin in late June of next year.  

To the extent that they apply to pensions and other ERISA plans, the state-level regulations are pre-empted by federal law,...

Congressional Republicans allege that proxy firms give advice based on political preferences, not investors' financial interest.

Republicans focus on the environmental aspect of ESG in a recently published report on Republican policy goals concerning investor activism.

Morningstar research examining a sample of shareholder proposals showed Vanguard opposed almost three-quarters of resolutions linked to environment, social and...

Among current U.S. workers, retirement confidence fell by 9 percentage points, the largest drop since a 10-point slide in 2009.

Also, with the end of COVID-19 as an official public health emergency, the assistant secretary of labor wants to make...

Principal launches hybrid QDIA; Penn Mutual introduces Protection Whole Life; Xtrackers by DWS announces a new ETF; and more.

"Texas resides everywhere in Texas," a federal judge wrote in confirming he would hear the case filed by 25 states.

The alliance highlighted the prohibition of ESG factors in government investing decisions and the use of ‘social credit scores.’

The SEC chair explained that more market actors are using climate and greenhouse gas information in investment decision making, and...

A second court must now determine if ESG can be lawfully considered in retirement fiduciary decisionmaking.

First Trust launches alternative investment ETF; Nassau launches annuity with bonus of up to 10%; Voyant offers retirement plan training...

EBSA head Lisa Gomez spoke in defense of a DOL rule that would permit ESG in retirement plans as Republicans...

The DOL’s new rule on ESG, which takes effect today, is being challenged by a range of actors in a...