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ESG & Retirement Funds: Considering Non-Pecuniary Factors by ERISA Plan Fiduciaries

Fordham Law News

In late 2022, the Department of Labor (“DOL”) lifted the prohibition against the consideration of non-pecuniary factors by retirement plan fiduciaries when making investment and proxy voting decisions for certain pensions and employee contribution plans under the Employee Retirement Income Security Act (“ERISA”). [1] population.” [3]