A suite of educational resources for engaging clients on sustainable investing
ESG Perspectives
A recent report published by the U.S. Government Accountability Office (GAO)* found a profound lack of sustainable investment options available to retirement plan participants. The GAO found that unlike comparable European and international retirement plans, few U.S. retirement plans incorporate ESG factors into their investment management. In our view, the report seems to imply that both plan sponsors and the Department of Labor (DOL) fail to recognize that investors are increasingly using ESG factors to assess a wide range of investment risks and opportunities -- factors such as the impact on climate change, workplace and product safety concerns, and good corporate governance practices. These important business issues can help identify organizations that are likely to deliver better performance and long-term value to investors.