Will the US Department of Labor’s ESG rule be rescinded?

The DOL’s rule to discourage ‘non-pecuniary’ ESG investing was widely seen as a Trump-era attack on sustainable finance. But what will its future be under new US President, Joe Biden?

The US Department of Labor’s ‘ESG Rule’ received more backlash from the sustainable investment industry than any other anti-sustainability rule introduced under former US President, Donald Trump.

The rule, officially known as Financial Factors in Selecting Plan Investments, seeks …

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