DOL Issues Final ESG Investing And Proxy Voting Rules – Employee Rights/ Labour Relations – United States

DOL Issues Final ESG Investing And Proxy Voting Rules

On November 22, 2022, the U.S. Department of Labor (DOL) issued Final Rules that allow plan fiduciaries to consider climate change and other environmental, social and governance (ESG) factors when they select retirement investments and exercise shareholder rights, such as proxy voting. After feedback from a wide range of stakeholders, the DOL concluded that two … Read more