DoL, Department of Labor

The US Department of Labor (DoL) has proposed changes to a controversial rule brought in last year that would have restricted pension funds’ ability to implement ESG strategies.

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DOL throws curveball into its approach to governing shareholder rights

DoL questions purpose of shareholder voting The US Department of Labor (DoL) has thrown a new curveball into its approach to governing shareholder rights, questioning the need for asset owners to have their voices heard by companies at all. Following its recent proposals around how asset managers obtain and validate information on the companies they […]

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The US Impact Investing Alliance urges DOL to rethink ESG law

US investor group urges DOL to rethink ESG law The US Impact Investing Alliance has urged the Department of Labor to reconsider the introduction of a controversial law governing ESG in investment portfolios, asking them to suspend the rulemaking process until normality returns.  The group has written an open letter to the DOL, objecting to a proposed rule that would see severe restrictions imposed for US […]

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