Sullivan & Cromwell Discusses the Implications for Financial Institutions of Proposed SEC Climate Disclosure Rules
Reynolds Holding
APRIL 21, 2022
Department of Labor released a proposed rule in October 2021 that was intended to remove barriers to the ability of fiduciaries of plans subject to the Employee Retirement Income Security Act of 1974 (ERISA) to consider climate and other ESG matters as factors when selecting investments and exercising shareholder rights. [16]. ENDNOTES. [1]
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