DOL's ESG and Proxy Voting Rules
DOL released its final amendment to the ESG and Proxy Voting rules providing flexibility for plan fiduciaries to consider climate change and ESG factors when selecting retirement investments and provides a renewed emphasis on exercising shareholder rights such as proxy voting.
Department Of Labor Proxy Voting Selecting Plan Investments Exercising Shareholder Field Assistance Bulletins Final Rule
Source: natlawreview.com