ESG
SINGAPORE, Jan 17 (Reuters) – Credit Suisse (CSGN.S) Chairman Antonio Horta-Osorio, who was being investigated by the Swiss bank’s board for breaching COVID-19 quarantine rules, has quit with immediate effect and board member Axel Lehmann has taken over the role. “I regret that a number of my personal actions have led to difficulties for the […]
The Department of Labor recently proposed a rule encouraging retirement plan sponsors to incorporate ESG criteria when selecting investment alternatives and voting company proxy statements. ESG stands for “environmental, social and governance” and has become a catch-all for applying metrics and standards to investment choices that go beyond financial ones. Historically, investing for good was […]
To make certain, the earlier administration went out of its strategy to stop personal retirement plans from taking ESG (environmental, social or governance) components into consideration for funding choices. However now that the Biden administration finalized the new rule this past week, plans will have the ability to choose socially and environmentally accountable investments with […]
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