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  • Automotive
    Tips for Crossing Water in Your Jeep Wrangler

    Tips for Crossing Water in Your Jeep Wrangler

    4 Helpful Tips for Giving Your Car a Glossy Finish

    4 Helpful Tips for Giving Your Car a Glossy Finish

    4 Common Mistakes To Avoid With Car Restorations

    4 Common Mistakes To Avoid With Car Restorations

    Signs That It Might Be Time To Get a New Car

    Signs That It Might Be Time To Get a New Car

    Mercedes-Benz Charging Network

    Mercedes-Benz to Launch Global Branded High-Power Charging Network in North America

    Ways To Surprise Your Partner Who Loves Cars

    Ways To Surprise Your Partner Who Loves Cars

    5 Important Tips for Every New Jeep Owner

    5 Important Tips for Every New Jeep Owner

    The Best Ways To Increase the Value of Your Car

    The Best Ways To Increase the Value of Your Car

    Why Jeeps Are Awesome for Off-Roading Adventures

    Why Jeeps Are Awesome for Off-Roading Adventures

    Trending Tags

    • Mercedes-Benz
    • Mustang
  • Business
    Los Angeles implemented a new tax on luxurious real estate to finance affordable housing and combat homelessness

    Los Angeles implemented a new tax on luxurious real estate to finance affordable housing and combat homelessness

    Working shorter hours: 38 companies in the USA are testing the 4-day week

    Working shorter hours: 38 companies in the USA are testing the 4-day week

    World’s largest trial in the UK: 86 percent want to keep 4-day week

    World’s largest trial in the UK: 86 percent want to keep 4-day week

    Rewarding “Good” Companies—How the Economy for the Common Good Wants to Change the World

    Rewarding “Good” Companies—How the Economy for the Common Good Wants to Change the World

    Redistributing 11 billion dollars: Colombia’s left-wing president wants to fight poverty with a wealth tax

    Redistributing 11 billion dollars: Colombia’s left-wing president wants to fight poverty with a wealth tax

    Ban or regulate: The world searches for a way to deal with cryptocurrencies

    Ban or regulate: The world searches for a way to deal with cryptocurrencies

    Bolivia: Less poverty and booming economy through nationalisation of mineral resources

    Bolivia: Less poverty and booming economy through nationalisation of mineral resources

    “Creating Prosperity Together”: How the social economy model saved the English city of Preston

    “Creating Prosperity Together”: How the social economy model saved the English city of Preston

    Amazon continues to destroy new goods and returns 

    Amazon continues to destroy new goods and returns 

    Trending Tags

    • Fashion
      Essential Tips for Planning a Great Fashion Show

      Essential Tips for Planning a Great Fashion Show

      Signs That Your Tuxedo Doesn’t Fit Right

      Signs That Your Tuxedo Doesn’t Fit Right

      Make a Bold Style Statement With These Wide-Leg Pants

      Make a Bold Style Statement With These Wide-Leg Pants

      Power Your Winter Workouts With The Best Zip Hoodies for Men

      Power Your Winter Workouts With The Best Zip Hoodies for Men

      The Ultimate Watch Buying Guide

      The Ultimate Watch Buying Guide

      Outdoor Enthusiasts, Take Note: These Watches Are as Tough as You

      Outdoor Enthusiasts, Take Note: These Watches Are as Tough as You

      Our 7 Favorite Field Jackets for Tackling Fall Weather

      Our 7 Favorite Field Jackets for Tackling Fall Weather

      The Best Leather Jackets for Guys – No Matter Your Budget

      The Best Leather Jackets for Guys – No Matter Your Budget

      Campus-Ready Backpacks for Storing *All* the Books

      Campus-Ready Backpacks for Storing *All* the Books

      Trending Tags

      • Food & Drink
        Cheese Tortellini in Creamy Marinara

        Cheese Tortellini in Creamy Marinara

        Unusual Products That Come From Animals and Their Uses

        Unusual Products That Come From Animals and Their Uses

        Tips for Creating a Homemade Wine Cellar

        Tips for Creating a Homemade Wine Cellar

        How the wine you choose can help you have an eco-friendly home

        How the Wine You Choose Can Help You have an Eco-Friendly Home

        Rum and Cola Holiday Ham

        Special Centerpieces for Holiday Celebrations

        ChefsGiving 2020

        This Holiday Season, How about Cooking for a Cause?

        Iced Cold Moscow Mule cocktail with lime and pomegranate

        Holiday Spirits: The Cranberry Smash Moscow Mule

        The Most Beautiful Liquor Bottles in the World

        The Most Beautiful Liquor Bottles in the World

        Tao Group Virtual Chef Experience

        Entertain Your Guests Virtually This Fall ?

        Trending Tags

        • Health
          More States OK Postpartum Medicaid Coverage Beyond Two Months

          More States OK Postpartum Medicaid Coverage Beyond Two Months

          California Confronts the Threat of ‘Tranq’ as Overdose Crisis Rages

          California Confronts the Threat of ‘Tranq’ as Overdose Crisis Rages

          Our 300th Episode!

          Our 300th Episode!

          As Medicaid Purge Begins, ‘Staggering Numbers’ of Americans Lose Coverage

          As Medicaid Purge Begins, ‘Staggering Numbers’ of Americans Lose Coverage

          Health Care Coalition Jockeys Over Medi-Cal Spending, Eyes Ballot Initiative

          Health Care Coalition Jockeys Over Medi-Cal Spending, Eyes Ballot Initiative

          How a Medical Recoding May Limit Cancer Patients’ Options for Breast Reconstruction

          How a Medical Recoding May Limit Cancer Patients’ Options for Breast Reconstruction

          Cardiovascular Disease Is Primed to Kill More Older Adults, Especially Blacks and Hispanics

          Cardiovascular Disease Is Primed to Kill More Older Adults, Especially Blacks and Hispanics

          Newsom and Democratic Lawmakers at Odds Over Billions in Health Care Funds

          Newsom and Democratic Lawmakers at Odds Over Billions in Health Care Funds

          Many People Living in the ‘Diabetes Belt’ Are Plagued With Medical Debt

          Many People Living in the ‘Diabetes Belt’ Are Plagued With Medical Debt

          Trending Tags

          • Lifestyle

            The History and Meaning of Memorial Day

            Ways To Make Your Partner Feel Loved and Appreciated

            Ways To Make Your Partner Feel Loved and Appreciated

            Values and principles, even when faced with temptations, challenges, or potential negative consequences.

            Acknowledging Racism within Familial and Social Circles: An Examination of Cognitive Dissonance and Socio-Cultural Factors

            Definition of ethics

            The Interconnectedness of Racial Opinions and Ethics

            Sacrifice States: the US Nuclear Sponge

            woman with gun near thief at night in parking lot

            Why it’s Important to know Your 2nd Amendment Rights

            Tips for Growing a Fuller and Healthier Beard

            Tips for Growing a Fuller and Healthier Beard

            Fulfilling Side Hustles for Good Money in 2023

            Fulfilling Side Hustles for Good Money in 2023

            5 Tips on How To Run Your First Charity Event

            5 Tips on How To Run Your First Charity Event

            Trending Tags

            • Politics
              OpenSecrets releases report on out-of-state donations’ rising role

              OpenSecrets releases report on out-of-state donations’ rising role

              Independent Sen. Krysten Sinema continues using liberal platforms to fundraise for 2024 reelection campaign

              Independent Sen. Krysten Sinema continues using liberal platforms to fundraise for 2024 reelection campaign

              Watchdog bites Ron DeSantis for alleged “soft money” campaign finance violation

              Watchdog bites Ron DeSantis for alleged “soft money” campaign finance violation

              Press Release: Over 30,000 White House financial disclosures to be made public in first for transparency and accountability

              Press Release: Over 30,000 White House financial disclosures to be made public in first for transparency and accountability

              Pro-Ron DeSantis super PAC to inherit state-level PAC war chest to support presidential run

              Pro-Ron DeSantis super PAC to inherit state-level PAC war chest to support presidential run

              Definition of ethics

              The Interconnectedness of Racial Opinions and Ethics

              Spyware firm NSO Group continues lobbying efforts to resume business-as-usual in the U.S.

              Spyware firm NSO Group continues lobbying efforts to resume business-as-usual in the U.S.

              Joe Manchin vows to block “radical climate agenda,” rakes in oil and gas industry contributions

              Joe Manchin vows to block “radical climate agenda,” rakes in oil and gas industry contributions

              Adam Schiff heads into California’s 2024 U.S. Senate race with a sizable cash advantage

              Adam Schiff heads into California’s 2024 U.S. Senate race with a sizable cash advantage

              Trending Tags

              • Real Estate
                Ways To Invest in Real Estate With No Experience

                Ways To Invest in Real Estate With No Experience

                How To Make Your Rental Property More Eco-Friendly

                How To Make Your Rental Property More Eco-Friendly

                Things To Consider Before Investing in Real Estate Overseas

                Things To Consider Before Investing in Real Estate Overseas

                Incredible Areas in Florida To Buy a Vacation Home

                Incredible Areas in Florida To Buy a Vacation Home

                Helpful Home Staging Tips for Virtual Tours

                Helpful Home Staging Tips for Virtual Tours

                Ways To Decorate and Design a Lake House

                Ways To Decorate and Design a Lake House

                Challenges To Managing a Rental Property

                Challenges To Managing a Rental Property

                The Best Landlord: How To Show Tenants You Care

                The Best Landlord: How To Show Tenants You Care

                The Best Locations To Invest in a Second Home

                The Best Locations To Invest in a Second Home

                Trending Tags

                • More…
                  • Opinion
                  • Sports
                  • Technology
                  • Travel
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                • Automotive
                  Tips for Crossing Water in Your Jeep Wrangler

                  Tips for Crossing Water in Your Jeep Wrangler

                  4 Helpful Tips for Giving Your Car a Glossy Finish

                  4 Helpful Tips for Giving Your Car a Glossy Finish

                  4 Common Mistakes To Avoid With Car Restorations

                  4 Common Mistakes To Avoid With Car Restorations

                  Signs That It Might Be Time To Get a New Car

                  Signs That It Might Be Time To Get a New Car

                  Mercedes-Benz Charging Network

                  Mercedes-Benz to Launch Global Branded High-Power Charging Network in North America

                  Ways To Surprise Your Partner Who Loves Cars

                  Ways To Surprise Your Partner Who Loves Cars

                  5 Important Tips for Every New Jeep Owner

                  5 Important Tips for Every New Jeep Owner

                  The Best Ways To Increase the Value of Your Car

                  The Best Ways To Increase the Value of Your Car

                  Why Jeeps Are Awesome for Off-Roading Adventures

                  Why Jeeps Are Awesome for Off-Roading Adventures

                  Trending Tags

                  • Mercedes-Benz
                  • Mustang
                • Business
                  Los Angeles implemented a new tax on luxurious real estate to finance affordable housing and combat homelessness

                  Los Angeles implemented a new tax on luxurious real estate to finance affordable housing and combat homelessness

                  Working shorter hours: 38 companies in the USA are testing the 4-day week

                  Working shorter hours: 38 companies in the USA are testing the 4-day week

                  World’s largest trial in the UK: 86 percent want to keep 4-day week

                  World’s largest trial in the UK: 86 percent want to keep 4-day week

                  Rewarding “Good” Companies—How the Economy for the Common Good Wants to Change the World

                  Rewarding “Good” Companies—How the Economy for the Common Good Wants to Change the World

                  Redistributing 11 billion dollars: Colombia’s left-wing president wants to fight poverty with a wealth tax

                  Redistributing 11 billion dollars: Colombia’s left-wing president wants to fight poverty with a wealth tax

                  Ban or regulate: The world searches for a way to deal with cryptocurrencies

                  Ban or regulate: The world searches for a way to deal with cryptocurrencies

                  Bolivia: Less poverty and booming economy through nationalisation of mineral resources

                  Bolivia: Less poverty and booming economy through nationalisation of mineral resources

                  “Creating Prosperity Together”: How the social economy model saved the English city of Preston

                  “Creating Prosperity Together”: How the social economy model saved the English city of Preston

                  Amazon continues to destroy new goods and returns 

                  Amazon continues to destroy new goods and returns 

                  Trending Tags

                  • Fashion
                    Essential Tips for Planning a Great Fashion Show

                    Essential Tips for Planning a Great Fashion Show

                    Signs That Your Tuxedo Doesn’t Fit Right

                    Signs That Your Tuxedo Doesn’t Fit Right

                    Make a Bold Style Statement With These Wide-Leg Pants

                    Make a Bold Style Statement With These Wide-Leg Pants

                    Power Your Winter Workouts With The Best Zip Hoodies for Men

                    Power Your Winter Workouts With The Best Zip Hoodies for Men

                    The Ultimate Watch Buying Guide

                    The Ultimate Watch Buying Guide

                    Outdoor Enthusiasts, Take Note: These Watches Are as Tough as You

                    Outdoor Enthusiasts, Take Note: These Watches Are as Tough as You

                    Our 7 Favorite Field Jackets for Tackling Fall Weather

                    Our 7 Favorite Field Jackets for Tackling Fall Weather

                    The Best Leather Jackets for Guys – No Matter Your Budget

                    The Best Leather Jackets for Guys – No Matter Your Budget

                    Campus-Ready Backpacks for Storing *All* the Books

                    Campus-Ready Backpacks for Storing *All* the Books

                    Trending Tags

                    • Food & Drink
                      Cheese Tortellini in Creamy Marinara

                      Cheese Tortellini in Creamy Marinara

                      Unusual Products That Come From Animals and Their Uses

                      Unusual Products That Come From Animals and Their Uses

                      Tips for Creating a Homemade Wine Cellar

                      Tips for Creating a Homemade Wine Cellar

                      How the wine you choose can help you have an eco-friendly home

                      How the Wine You Choose Can Help You have an Eco-Friendly Home

                      Rum and Cola Holiday Ham

                      Special Centerpieces for Holiday Celebrations

                      ChefsGiving 2020

                      This Holiday Season, How about Cooking for a Cause?

                      Iced Cold Moscow Mule cocktail with lime and pomegranate

                      Holiday Spirits: The Cranberry Smash Moscow Mule

                      The Most Beautiful Liquor Bottles in the World

                      The Most Beautiful Liquor Bottles in the World

                      Tao Group Virtual Chef Experience

                      Entertain Your Guests Virtually This Fall ?

                      Trending Tags

                      • Health
                        More States OK Postpartum Medicaid Coverage Beyond Two Months

                        More States OK Postpartum Medicaid Coverage Beyond Two Months

                        California Confronts the Threat of ‘Tranq’ as Overdose Crisis Rages

                        California Confronts the Threat of ‘Tranq’ as Overdose Crisis Rages

                        Our 300th Episode!

                        Our 300th Episode!

                        As Medicaid Purge Begins, ‘Staggering Numbers’ of Americans Lose Coverage

                        As Medicaid Purge Begins, ‘Staggering Numbers’ of Americans Lose Coverage

                        Health Care Coalition Jockeys Over Medi-Cal Spending, Eyes Ballot Initiative

                        Health Care Coalition Jockeys Over Medi-Cal Spending, Eyes Ballot Initiative

                        How a Medical Recoding May Limit Cancer Patients’ Options for Breast Reconstruction

                        How a Medical Recoding May Limit Cancer Patients’ Options for Breast Reconstruction

                        Cardiovascular Disease Is Primed to Kill More Older Adults, Especially Blacks and Hispanics

                        Cardiovascular Disease Is Primed to Kill More Older Adults, Especially Blacks and Hispanics

                        Newsom and Democratic Lawmakers at Odds Over Billions in Health Care Funds

                        Newsom and Democratic Lawmakers at Odds Over Billions in Health Care Funds

                        Many People Living in the ‘Diabetes Belt’ Are Plagued With Medical Debt

                        Many People Living in the ‘Diabetes Belt’ Are Plagued With Medical Debt

                        Trending Tags

                        • Lifestyle

                          The History and Meaning of Memorial Day

                          Ways To Make Your Partner Feel Loved and Appreciated

                          Ways To Make Your Partner Feel Loved and Appreciated

                          Values and principles, even when faced with temptations, challenges, or potential negative consequences.

                          Acknowledging Racism within Familial and Social Circles: An Examination of Cognitive Dissonance and Socio-Cultural Factors

                          Definition of ethics

                          The Interconnectedness of Racial Opinions and Ethics

                          Sacrifice States: the US Nuclear Sponge

                          woman with gun near thief at night in parking lot

                          Why it’s Important to know Your 2nd Amendment Rights

                          Tips for Growing a Fuller and Healthier Beard

                          Tips for Growing a Fuller and Healthier Beard

                          Fulfilling Side Hustles for Good Money in 2023

                          Fulfilling Side Hustles for Good Money in 2023

                          5 Tips on How To Run Your First Charity Event

                          5 Tips on How To Run Your First Charity Event

                          Trending Tags

                          • Politics
                            OpenSecrets releases report on out-of-state donations’ rising role

                            OpenSecrets releases report on out-of-state donations’ rising role

                            Independent Sen. Krysten Sinema continues using liberal platforms to fundraise for 2024 reelection campaign

                            Independent Sen. Krysten Sinema continues using liberal platforms to fundraise for 2024 reelection campaign

                            Watchdog bites Ron DeSantis for alleged “soft money” campaign finance violation

                            Watchdog bites Ron DeSantis for alleged “soft money” campaign finance violation

                            Press Release: Over 30,000 White House financial disclosures to be made public in first for transparency and accountability

                            Press Release: Over 30,000 White House financial disclosures to be made public in first for transparency and accountability

                            Pro-Ron DeSantis super PAC to inherit state-level PAC war chest to support presidential run

                            Pro-Ron DeSantis super PAC to inherit state-level PAC war chest to support presidential run

                            Definition of ethics

                            The Interconnectedness of Racial Opinions and Ethics

                            Spyware firm NSO Group continues lobbying efforts to resume business-as-usual in the U.S.

                            Spyware firm NSO Group continues lobbying efforts to resume business-as-usual in the U.S.

                            Joe Manchin vows to block “radical climate agenda,” rakes in oil and gas industry contributions

                            Joe Manchin vows to block “radical climate agenda,” rakes in oil and gas industry contributions

                            Adam Schiff heads into California’s 2024 U.S. Senate race with a sizable cash advantage

                            Adam Schiff heads into California’s 2024 U.S. Senate race with a sizable cash advantage

                            Trending Tags

                            • Real Estate
                              Ways To Invest in Real Estate With No Experience

                              Ways To Invest in Real Estate With No Experience

                              How To Make Your Rental Property More Eco-Friendly

                              How To Make Your Rental Property More Eco-Friendly

                              Things To Consider Before Investing in Real Estate Overseas

                              Things To Consider Before Investing in Real Estate Overseas

                              Incredible Areas in Florida To Buy a Vacation Home

                              Incredible Areas in Florida To Buy a Vacation Home

                              Helpful Home Staging Tips for Virtual Tours

                              Helpful Home Staging Tips for Virtual Tours

                              Ways To Decorate and Design a Lake House

                              Ways To Decorate and Design a Lake House

                              Challenges To Managing a Rental Property

                              Challenges To Managing a Rental Property

                              The Best Landlord: How To Show Tenants You Care

                              The Best Landlord: How To Show Tenants You Care

                              The Best Locations To Invest in a Second Home

                              The Best Locations To Invest in a Second Home

                              Trending Tags

                              • More…
                                • Opinion
                                • Sports
                                • Technology
                                • Travel
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                              Mr. Glitterati
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                              Removing Barriers to Considering ESG Factors in Retirement Plan Investments

                              by Staff Writer
                              November 29, 2022
                              in Business
                              1
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                              A photo of a green stock ticker

                              Our nation’s workers deserve a secure retirement. They work hard to earn their retirement benefits and rightfully expect the people who manage their plans to work just as hard to invest and protect their retirement plan’s assets wisely. One of the Department of Labor’s primary objectives is to make sure those savings are safeguarded.

                              Your interests as a retirement saver should always come before politics. In 2020, the previous administration issued regulations that had a strong chilling effect on the ability of workplace retirement plan managers to consider all appropriate information when making decisions about how to invest your retirement funds. This means that they were sometimes stopped from making the best possible choices about how to protect your hard-earned savings.

                              In particular, careful retirement plan investors may often want to consider environmental, social and governance factors, or “ESG” factors, as they measure the potential value of a particular investment option. Research shows that companies can be more profitable than their competitors when they treat their workers fairly, run their business with an eye on its impact on the environment, and ensure gender, ethnic and cultural diversity on their executive teams. If retirement investors can’t take these factors into account – even when it would benefit you financially – that’s a problem.

                              Addressing this issue is a top priority of the Biden-Harris administration. In May 2021, President Biden issued an Executive Order on “Climate-Related Financial Risk,” which set forth policies to ease climate-related financial risk and directed the U.S. government to take actions that safeguard the financial security of America’s families, businesses and workers. The order directed the Department of Labor to decide if a new rule was needed to allow retirement plan investors to look at ESG factors.

                              As part of our deliberations, we’ve listened as investment managers, labor organizations, corporate America, consumer groups, service providers, investment advisers and workers shared their experiences with considering ESG factors in investing retirement funds. We also received comments on our proposed ESG rulemaking effort we announced last year. After considering all of the feedback, we decided that we should revisit the previous administration’s rulemaking, and that a new approach is needed.

                              Today, the Department of Labor is issuing a rule that reflects what successful marketplace investors already know, and recognizes the meaningful impact that environmental, social and governance factors can have on retirement investments. The new rule allows retirement plan investors to take those factors into account as appropriate. This rulemaking weighed the comments and feedback we received, and takes the department’s thumb off the scale against the use of ESG factors in investment decision-making so it is clear that those factors can be considered to the same extent as any other factor.

                              As it has for nearly 50 years, federal law continues to demand that investment decisions made by retirement plan investors are based solely on the best financial interests of the plan and beneficiaries like you. The rulemaking we are issuing today helps clarify how these duties apply to selecting investments and exercising shareholder rights. The decisions made by plan investors must be based on factors relevant to an investment risk and return analysis, which may include consideration of climate change and other environmental, social and governance factors.

                              On every single issue, our commitment is to support workers like you and your families. The people you entrust to administer your retirement plan should have the freedom to make the best possible decisions about how they invest your savings. Our job is to make sure that federal policies allow that to happen. Today’s rulemaking is an important step toward a more secure financial future for America’s workers and their families.

                              Marty Walsh is the U.S. secretary of labor. Follow him on Twitter and Instagram at @SecMartyWalsh.

                               

                              source

                              Tags: Business
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