Regulation
Congressional Democrats Try to Make DOL ESG Rule the Law
Members of the Sustainable Investment Caucus have proposed legislation that would codify permitting ESG considerations in retirement plan investment.
The board of the County Employees Retirement System informed Kentucky’s treasurer that the 2022 law conflicts with CERS’ fiduciary duties.
The former head of ESG at Sun Life Capital Management will lead the $178.6 billion pension fund’s climate strategy.