DoL rules main barrier to ESG uptake, says LGIM America’s Head of US Stewardship

Litigation fear behind ESG inertia among US asset owners, Legal & General’s John Hoeppner tells RI

The single biggest obstacle to ESG uptake in the US is the Department of Labors’ (DoL) rules and interpretations, according to Legal & General Investment Management America’s Head of US Stewardship and Sustainable Investments, John Hoeppner.

He told RI: “When you take a huge step …

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