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Challenges to DOL's ESG Rule in Congress and Courts
Morgan Lewis Link to more items from this source
Mar. 2, 2023

"Neither the CRA resolution, nor the federal lawsuits, nor the state regulations would result in outright bans on the consideration of ESG factors in investing ... [T]hese legislative and judicial challenges may clarify the lens through which fiduciaries and companies consider ESG, encouraging fiduciaries to document why the ESG factors they rely on are financially relevant to an investment's risk and return characteristics."

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