How U.S. pension funds could lose their right to consider ESG in upcoming court battle.
“The right of pension administrators in the United States to consider environmental, social and governance (ESG) factors in their investment decisions could be thrown into jeopardy by the same Trump-appointed judge who ordered a hold on the abortion drug mifepristone last week.”
[COMMENTARY] Just as a US court banned an abortion drug, so the same judge is being potentially approached to restrict the new ESG pension rules recently passed by the Biden Administration.
How U.S. pension funds could lose their right to consider ESG in upcoming court battle, by Eugene Ellmen, April 12, 2023, Corporate Knights, Canada.