“Rather than protecting the future of America’s retirees, the current administration is protecting its liberal climate-change and surface characteristic agenda,” says FEP’s Sarah Rehberg.
“With study after study showing that ESG considerations all but ensure reduced profits for pension holders, it’s inconceivable that the U.S. Department of Labor would issue a rule effectively requiring pension fund managers and their proxies to spend time researching, investing in, or otherwise voting on ESG initiatives and shareholder resolutions.” READ MORE
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