US Department of Labor has allowed pension plan fiduciaries to consider ESG factors.
Goldman Sachs Asset Management agreed to pay a $4m penalty.
The prior administration’s restrictions on retirement plans and ESG were removed.
The paper proposes a path forward for standard SLD documentation.
The new service to help asset managers and institutions comply with TCFD requirements.
Standardised template will drive enhanced transparency and accountability.
Overall growth for indexes in 2022 slightly trailed 2021.
Morningstar had committed to adopt recommendations from an independent investigation.
The measures include sustainability labels and restrictions on how ‘ESG’, ‘green’ or ‘sustainable’ can be us...