Categories
BankingTech FinTech

DOL Proposes Rule on ESG Investing in Pension Plans

July 01, 2020 at 11:19PM

With interest around sustainable investing—sometimes referred to as environmental, social and governance (or ESG) investing—on the rise, the Department of Labor this week issued a proposed rule that would confirm Employee Retirement Income Security Act requirements for plan fiduciaries to select investments and investment courses of action based solely on financial considerations relevant to the risk-adjusted economic value of a particular investment or investment course of action.

The post DOL Proposes Rule on ESG Investing in Pension Plans appeared first on ABA Banking Journal.

via ABA Banking Journal https://bit.ly/2BlB6b3

Leave a Reply