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'Sustainable Investment Policy Act' Would Mandate Consideration of ESG Factors
Heartland Capital Strategies Link to more items from this source
Dec. 1, 2020

"The purpose of the Sustainable Investment Policy Act [to be introduced in the House by Rep. Andy Levin (D-Mich.), vice-chair of the House Education & Labor Committee] is to require retirement investors and fiduciaries to consider environmental, social, and governance -- or 'ESG' -- factors when making investments that are covered by [ERISA] and the Investment Advisers Act of 1940.... The bill outlines six categories of ESG factors investors must consider and make clear to retirement plan beneficiaries."

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