ESG investing has gained significant momentum in Great Britain, with £1.4 trillion in assets under management in the wider investment community in 2015, up from £500 billion in 2013.
Bill would require disclosure of payments to foreign governments and possibly spotlight unaccounted revenue, but could give foreign governments an advantage.
The plan, something of a poster child for America’s struggling pension funds, includes a normal retirement age of 58, with an early retirement age of 53, as well as a benefit multiplier of 2.5%.