Betty Moy Huber Quoted in Ignites on ESG Investments in 401(k) Plans

Davis Polk Environmental, Social and Corporate Governance Group co-head Betty Moy Huber recently discussed with Ignites two recent Department of Labor initiatives that are likely dampening the growth of environmental, social and governance (ESG) investments in 401(k) plans. Huber noted that plan fiduciaries must be prepared to answer one of the initiatives, a letter the Employee Benefits Security Administration has sent in recent months to individual plan sponsors with ESG options.

The Big Chill: DOL Actions to Slow ESG Adoption in 401(k)s” (July 23, 2020) (subscription required)

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