American Airlines ESG Lawsuit May Move Ahead, According to Court Filing
A judge overseeing the complaint brought by a former pilot has set a potential trial date; the airline has said...
Tag: environmental social and governance investing
NYC Pension Funds File to Dismiss ESG-Related Lawsuit
Attorneys are seeking to dismiss allegations that retirement funds were jeopardized due to divestment from securities of fossil fuel companies....
American Airlines Files Motion to Dismiss 401(k) ESG Complaint
The airline argued the case should be dropped partly because the ESG funds in question were not in the 401(k)...
Plaintiff Drops Fidelity, Financial Engines from American Airlines ESG Lawsuit
The plaintiff voluntarily dismissed the two of four defendants from the lawsuit that claims ESG factors were considered ahead of...
Pilot Sues American Airlines Due to ESG 401(k) Investing Strategy
The retirement committee, recordkeeper Fidelity Investments and financial advice provider Edelman Financial Engines were accused of sacrificing fiduciary duty to...
Desantis Bans ESG Consideration in Florida’s Investment Decisions
The governor sees Florida as a trendsetter in how states can prohibit and ban ESG in state funds.
Within ESG, Companies Most Engaged with Environmental, Social Issues
A recent report from ISS ESG indicated that environmental topics receiving the most attention related to water and biodiversity. The...
Expert Panel: The Economic and Political Sides of ESG
Experts caution against including political values in investment strategy, but explain that ESG is not a political agenda.
A DOL ESG Investigation Story
An adviser’s message to his peers is to not fear including ESG factors in investment analysis.
ESG Interest ‘Relatively Weak’ for Do-It-Yourself Retirement Investors
Among new, self-directed DC retirement plan participants, ESG fund allocation is ‘relatively modest when offered in the core menu,’ according...
ESG’s Impact on Three States’ Retirement Systems
While the ESG controversy has not changed how three states operate, one state treasurer has doubled down by banning them...
ESG Adoption Slow Among DC Plans
One factor hindering ESG’s adoption is the lack of ESG-focused target-date funds, though several firms are starting to introduce them.
PANC 2022: Reg BI Compliance Tips From the SEC
The enforcement of Regulation Best Interest is currently one of the major projects at the Securities and Exchange Commission.
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GOP Attorneys General Question BlackRock on Fiduciary, Antitrust Concerns
Nineteen Republican state attorneys general signed a letter to BlackRock seeking ‘clarification on actions that appear to have been motivated...
Investment Product and Service Launches
UBS launches U.S. version of Climate Aware Equity Index, and Vanguard makes Global Positive Impact Stock Fund available.
Investment Product and Service Launches
Wilshire brings to market third-gen factor index series and Northern Trust Front Office Solutions enhances liquidity management solutions for asset...
Pension Plans Among ESG’s Biggest Proponents
Major pension funds see sustainable investing as a fundamental element of investing rather than a potential drag on performance, according...
Investment Product and Service Launches
Schwab Asset Management reduces fees on 10 funds; LeafHouse Financial Services announces new DCIO service; and Russell Investments expands personalized...