Morningstar and Plan Administrators Inc. are planning to launch the pooled employer plan early next year, pending a final rule on environmental, social and governance factors from the Department of Labor.
ESG factors can be financially material, the DOL noted. And when they are not, they can be used in a tie-breaker between similar investments.
The proposal seeks to clarify that ESG factors can be financially material. It also specifies that such investments can be used as part of the default investment options in 401(k)s.
Fidelity Investments captures four of the highest 10 spots on the monthly list of top funds based on ESG criteria from Morningstar and MSCI.
Proxy voting is one of the issues that needs to be straightened out for passive strategies to be as successful with sustainable funds.
The fund manager announced that starting next year, some of its institutional clients will be able to play a bigger role in shareholder votes.
The bank signed a pledge to align its lending and investment portfolios with net-zero emissions by 2050, joining a group of more than 40 rival financial firms.
In this episode ESG Clarity US chats with Sarah Green-Vieux, Kindred’s chief impact officer
Support from corporate executives and slick marketing is no match for rules and regulation when it comes to managing sustainable portfolios.
Companies that pose a climate risk may face higher prices and loan denials from banks that don’t want to have to possibly increase their own capital requiremnts.
Christopher and Michelle Mackin are leveraging their love for the outdoors into a focused advisory practice.
A new $11 million impact investing project launched in New Mexico, led by RBC Global Asset Management, aims to support under-resourced communities.
