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October 5, 2020

Sustainable investing could get a lot harder

  • Popularly known as ESG or socially responsible investing, this approach considers the sustainability of a company's business practices.
    • By LIZ WESTON
    NerdWallet

    Interest in sustainable investing is soaring, as more people become convinced that making a positive impact can be profitable as well as good for the planet and society. Unfortunately, the Labor Department doesn't think these investments belong in your 401(k).

    In June, the federal regulator proposed a rule that would restrict workplace retirement plans from investments that include environmental, social and governance considerations. Popularly known as ESG or socially responsible investing, this approach considers the sustainability of a company's business practices.


     
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