For all the Hype, Almost No U.S. Plans Factor in ESG.
"Just 12 percent of U.S. corporate and health care retirement plan representatives said they had incorporated ESG criteria into their manager selection processes. When defined contribution plans were excluded, only 6 percent considered ESG. The survey included 69 plan sponsors overseeing 119 defined benefit and defined contribution plans."
[COMMENTARY]Is it laziness, being uninformed, disinterest or what, that is preventing US corporate health and retirement plans from including ESG criteria? It seems to me a similar situation as with numerous advisors who don’t understand — or even — want to understand, ESG options. Habits and remuneration arrangements are often hard to change.
For all the Hype, Almost No U.S. Plans Factor in ESG, by Amy Whyte, July 23, 2018, Institutional Investor, USA.