ESG Investing: May ERISA Plan Fiduciaries Consider Environmental, Social, and Governance Factors When Making Investment Decisions?

Authors

Morgan Fox

Files

Description

ERISA fiduciaries have long sought guidance from the DOL as to whether environmental, social, and governance (ESG) factors may be considered in their investment decision-making. In 2020, the DOL issued a final rule requiring ERISA fiduciaries to consider solely pecuniary factors. In this article, Morgan Fox discusses a recently proposed rule under the new Administration that eases the restrictions and provides greater leeway for ERISA plan fiduciaries to consider ESG factors.

Publication Date

11-13-2021

Document Type

Article

Keywords

ERISA, ESG Investing

Disciplines

Labor and Employment Law | Law

Recommended Citation

Fox, Morgan, "ESG Investing: May ERISA Plan Fiduciaries Consider Environmental, Social, and Governance Factors When Making Investment Decisions?" (2021). SLU Law Journal Online. 83.
https://scholarship.law.slu.edu/lawjournalonline/83