DoL’s new ESG rule takes finger ‘off the scale’
June 8, 2023
The US Department of Labor’s new ESG rule does not tip the balance in favour of ESG investing, according to officials within the department.
The rule, ‘Prudence and …
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Marty Walsh is a champion of sustainable investment
Controversial rules that make it harder for US pension plan fiduciaries to make sustainable investment decisions could be reviewed if President Biden’s Labor Secretary nominee takes the helm. Marty Walsh, a Democrat …
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Investors could get more time to pore over a controversial new Department of Labor (DOL) rule that could have severe negative implications for US ESG investing, after two Democratic lawmakers have stepped in.
As it stands, the public have just …
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Pension fund investors in the United States may need to prove allocations made under their environmental, social and governance policies are primarily aiming for a financial return should proposed new rules be enacted.
At the end of June, the Department …
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