Organizations Involved: Environmental Defense Fund, Institute for Policy Integrity
Source: Environmental Defense Fund, Institute for Policy Integrity
Abstract
This blog explains how a Department of Labor proposal would help protect Americans’ retirement savings by highlighting the financial relevance of climate change; undoing harmful Trump administration rules; affirming that fiduciaries should consider ESG factors like climate change when relevant to investment risk-return analysis; applying the same rational principles to selection of default investments; and acknowledging the value of exercising shareholder rights.
