Survey shows ESG still hasn’t caught on

Ary Rosenbaum

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Despite the concerns that the Trump administration implemented Department of Labor (DOL) regulations that hampered the use of environmental, social, and governance (ESG) investments, I still don’t think that it’s a big deal because ESG funds haven’t caught on completely with retirement plans.

A survey by PGIM found that about one-quarter (24%) of plan sponsors indicate they have taken action to incorporate ESG investments into their plan over the past three years, while more than half (52%) said they have not. An additional 23% were neutral on the matter.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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Ary Rosenbaum

The Rosenbaum Law Firm P.C. on:

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