"The opinion explained that ERISA's fiduciary provisions require that 'a fiduciary must always discharge his duties in the interest of the beneficiary alone and only for the purpose of gaining financial benefit.' However, the provisions do not explicitly limit what a fiduciary may consider while discharging his or her duty.... While narrow, the decision acts as a considerable example of a court approving the use of ESG principals and stands as a potential case study for the limited impact Loper Bright may have on agency deference decisions." [Utah v. Micone, No. 23-0016 (N.D. Tex. Feb. 14, 2025]  MORE >>