Tag: Shareholder Engagement Guidance

retirement

New DOL Guidance Sounds Cautionary Tone on ESG Considerations for Retirement Plans

The Department of Labor (DOL)’s latest pronouncement on factoring in environmental, social, and governance (ESG) elements when making retirement plan investments was interpreted by many in the industry as another in a series of presidential administration swings on the extent to which plan fiduciaries can consider collateral benefits beyond investment returns.