Retirement Plans Become New Battleground for ESG
At the same time that the U.S. government is removing barriers to using ESG in 401(k) plans, Republican-controlled states are increasingly adopting policies that oppose the use of ESG factors and approaches in investing, which could have effects outside their own states. These crosscurrents will challenge investors and the fiduciaries who serve them and could have consequences for younger employees just beginning to save for retirement.
The article below quotes our friends at As You Sow.