Bill Would Clear a Surer Path for Plans to Offer ESG Funds

2021-05-27T14:53:20-07:00May 27th, 2021|Categories: Uncategorized|

By Lee Barney Source: Plan Sponsor U.S. Senators Tina Smith, D-Minnesota, and Patty Murray, D-Washington, and U.S. Representative Suzan DelBene, D-Washington, have introduced legislation in both chambers of Congress that they say would provide legal certainty to workplace retirement plans that choose to consider environmental, social and governance (ESG) factors in their investment decisions or offer ESG investment options. The bill, called the Financial Factors in Selecting Retirement Plan Investments Act, would amend the Employee Retirement Income Security Act [...]