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Between a Rock and a Hard Place: ESG Investments as 401(k) Investment Options
Seyfarth Shaw LLP Link to more items from this source
[Guidance Overview]
May 23, 2022

"[T]he SEC recently released correspondence related to its denial of the request from two different companies to exclude from its proxy materials a shareholder's proposal concerning the investment options under the company's retirement plan.... [W]hat happens if the requested report concludes that the retirement plan's investment options do not align with the company's climate action goals, with the Board's related assessment reaching the same conclusion?" [SEC No-Action letter to Amazon.com, Inc. (Apr. 8, 2022); No-Action letter to Comcast Corporation (Apr. 13, 2022)]

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