DOL Releases Final Rule On ERISA Fiduciaries Considering ESG Factors

Mealey's (December 8, 2022, 2:17 PM EST) -- WASHINGTON, D.C. — Reversing and modifying rules issued during the Trump administration, the U.S. Department of Labor released a final rule allowing fiduciaries of private-sector retirement and employee benefit plans governed by the Employee Retirement Income Security Act to consider environmental, social and governance (ESG) factors when choosing investments and exercising shareholder rights....

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