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The Final 2022 DOL ESG Rule and Why 25 States Oppose It
T. Rowe Price 
[Guidance Overview] Mar. 27, 2023 "Like the prior administration's rule that it replaced, the Prudence and Loyalty Rule makes barely any mention of environmental, social, or governance (ESG) factors ... [T]his rule -- which makes only modest changes from the prior administration's rule -- has been challenged in court by a group of 25 states. This article examines why that ESG moniker persists, why the rule is being opposed, and what impact the rule and subsequent challenges could have on retirement plan sponsors." |
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