Partner Elizabeth Goldberg is quoted in a Law360 article about a new rule from the US Department of Labor (DOL) that provides guidance on how managers of Employee Retirement Income Security Act (ERISA) plans can consider environmental, social, and governance (ESG) factors in investment decisions.
“I think another next step for ERISA plans is, as they try and figure out how to use this guidance from the DOL, they are looking for things like metrics and disclosures from asset managers that will help them in these evaluations,” Elizabeth said.
Elizabeth spoke with PlanSponsor and Bloomberg Law about the development.