Tag: social investing
ESG factors can be considered only to garner the highest risk-adjusted returns. In Wisconsin and Texas district courts, plaintiffs are suing government officials to block the Department of Labor’s new rule on ERISA investment duties with regard to environmental, social, and governance (ESG) factors. They contend that the so-called “Biden Rule” violates the law and,…
This change would do nothing but siphon money from workers to Wall Street. Before describing the proposed legislation, let me be clear. I think that climate change is a serious issue and would be happy to pay more in taxes to discourage carbon emissions, to undertake major investments in energy R&D, and to enable t…
