Labor Department Shuns Trump-Era ‘Anti-ESG’ Measures
Credit to Author: Sonal Patel| Date: Wed, 23 Nov 2022 20:20:39 +0000
The Biden administration has reversed a controversial Trump-era rule that barred plan fiduciaries from considering climate change and other environmental, social, and governance (ESG) factors when choosing retirement investments and exercising shareholder rights, such as proxy voting. A final rule issued by the Department of Labor (DOL) on Nov. 22 removes restrictions issued in two […]
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