Fidelity Investments filed paperwork with the Securities and Exchange Commission on Friday to register a suite of sustainable target-date funds.
Called the Fidelity Sustainable Target Date... Read More
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ESG Investing
BY John Sullivan | 2/7/2023
The hyper-partisan polarization over environmental, social, and governance (ESG) investing strategies continued Monday with news of a growing “war” between GOP House leadership and the U.S. Chamber... Read More
BY Nevin E. Adams, JD | 2/7/2023
The State of Oklahoma is pressing more than 150 fund managers and financial institutions on their ESG stance, specifically those that boycott energy companies—with an eye toward boycotting the Sooner... Read More
BY John Sullivan | 2/6/2023
Pecuniary interest is a phrase that evoked interest and anxiety in the retirement plan industry when included in the Trump Administration’s 2020 ESG rule. The Biden Administration removed... Read More
BY John Sullivan | 2/3/2023
House Republicans will establish a working group to “combat the threat to our capital markets posed by those on the far-left pushing environmental, social, and governance (ESG) proposals,” Rep.... Read More
BY NAPA Net Staff | 2/1/2023
Morningstar Investment Management and Plan Administrators, Inc. (PAi) have announced the launch of the Morningstar ESG Pooled Employer Plan (PEP) designed to select funds that limit exposure to... Read More
BY John Sullivan | 2/1/2023
Fresh from the heels of last week’s red state lawsuit filing to prevent the Department of Labor from implementing its new rule related to environmental, social and governance (ESG)... Read More
BY Nevin E. Adams, JD | 1/27/2023
Mere days before the Labor Department’s ESG regulation is set to go into effect, a coalition of 24 states has filed suit to stop it.
More specifically, the coalition, led by Texas Attorney General... Read More
BY NAPA Net Staff | 1/23/2023
To enable companies to better understand how they compare to their peers and industry, and to help improve their ESG strategy and practices, Broadridge Financial Solutions has introduced a new... Read More
BY NAPA Net Staff | 12/19/2022
Rep. Andy Barr (R-KY) and Sen. Mike Braun (R-IN) have introduced a Congressional Review Act (CRA) measure in the House and Senate, respectively, to nullify the Department of Labor’s recently... Read More
BY NAPA Net Staff | 12/19/2022
The measure titled “Investment of Retirement Funds in Companies Contributing to Climate Change” was considered by Microsoft shareholders last week.
Noting that “Microsoft uses BlackRock LifePath... Read More
BY Nevin E. Adams, JD | 12/12/2022
The BlackRock Lifepath target-date funds have been targeted again—not in litigation, but by a shareholder activism group for their inclusion on a 401(k) menu.
Noting that “Microsoft uses BlackRock... Read More
BY NAPA Net Staff | 12/6/2022
In a new episode of the Nevin & Fred podcast, Nevin (Adams) and Fred (Reish) take a look at the Labor Department’s much-anticipated final ESG rule.
The Labor Department says that it will allow... Read More
BY Nevin E. Adams, JD | 12/6/2022
A little more than a week ago, the U.S. Department of Labor unveiled its much-anticipated final ESG rule. There’s a lot to unpack in that regulation (and the rest of the 236-pages that help... Read More
BY NAPA Net Staff | 12/5/2022
With the ink on the Labor Department’s new ESG regulation barely dry, U.S. Senator Tom Cotton (R-AK) has introduced legislation to stop it.
“Retirement plans should prioritize ... Read More
BY NAPA Net Staff | 12/2/2022
We now have an official effective date for the new ESG regulation.
While the Department of Labor unveiled its final rule on the consideration of environmental, social and governance (ESG... Read More
BY Nevin E. Adams, JD | 12/2/2022
Last week we got the final regulation on ESG investments in defined contribution (DC) plans (and some clarity on proxy voting)—so what, at this early date, do readers have to say?
Yes, just ahead... Read More
BY Nevin E. Adams, JD | 11/28/2022
Last week we got the final regulation on ESG investments in defined contribution plans (and some clarity on proxy voting). What difference do you think this will make—and will it impact how you... Read More
BY NAPA Net Staff | 11/23/2022
The Securities and Exchange Commission has charged Goldman Sachs Asset Management, L.P. (GSAM) for policy and procedure failures involving two mutual funds and one separately managed account... Read More
BY Nevin E. Adams, JD | 11/22/2022
The U.S. Department of Labor has unveiled its much-anticipated final ESG rule that it says will allow “plan fiduciaries to consider climate change and other environmental, social and governance... Read More
BY Nevin E. Adams, JD | 11/21/2022
Looks like the Office of Management and Budget (OMB) has wrapped up its review of a new rule on Environmental Social & Governance investing in retirement plans.
The regulation, submitted for... Read More
BY Nevin E. Adams, JD | 11/10/2022
In sports, it’s said “you can't tell the players without a scorecard.” And when it comes to investing, you need a scorecard as well.
In fourth episode in this podcast series, Nevin Adams, Chief... Read More
BY Nevin E. Adams, JD | 11/9/2022
Investment Management 101 tells us not to put all our eggs in one basket. So why should our approach to management and board composition be any different?
It’s a great question, which is why we’ll... Read More
BY Nevin E. Adams, JD | 11/8/2022
ESG is a broad, sweeping construct, and in its most comprehensive form touches on a wide variety of elements essential to corporate governance, sustainability, and returns. But there are skeptics, if... Read More
BY Nevin E. Adams, JD | 11/7/2022
ESG is often thought of in the same framing as socially responsible investing, or SRI. While there are some potential overlaps in focus, ESG is different—and arguably very different.
ESG—... Read More
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