Department of Labor Bulletin Hampers Social Impact Investing

Department of Labor Bulletin Hampers Social Impact Investing l Insurance News Net

By: Juliette Fairley, April 7, 2016

  • Advocates believe the Department of Labor (DOL) Shareholder Rights Bulletin will hamper the process of incentivizing and expanding social impact investing to include 401k plans. The bulletin implies that the act of voting or otherwise addressing long-term environmental, social and governance (ESG) risks are unrelated to the provision of benefits.