David Levine, principal and co-chair of Groom’s Plan Sponsor group, was interviewed by PLANSPONSOR for their article, “ESG Is Now Permissible, But Not Required, Under ERISA,” covering the DOL’s final rule on ESG factors in investments.
Concerning the time it will take for plan sponsors to gauge participant interest in ESG and reevaluate potential risk, PLANSPONSOR describes Levine as stating that he “agrees that it will take some time for the precise meaning of the rule to be understood. When asked if participant demand for certain investments could be a defense against possible ERISA-related litigation, his response was that all involved will ‘have to see how this plays out.’”
To read the article, click here.
