Tag: ESG
The Securities and Exchange Commission has decided to allow Amazon.com Inc.’s shareholders to vote on a proposal requiring the company to prepare a report assessing the extent to which the company’s current retirement plan investment options align with its corporate climate action goals. This proposal is being pushed by a nonprofit shareholder advocacy group As You Sow. T…
The brief’s key findings are: Public pension plans have engaged in social investing since the 1970s in response to state mandates. More recently, the plans themselves have embraced a “new” form of investing that incorporates environmental, social, and governance (ESG) factors. ESG investing is based on the notion that taking account of non-financial factors w…