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“US Department of Labor clarifies ERISA fiduciaries’ ability to consider ESG factors” – Principles for Responsible Investment (PRI) – October 23, 2015

On October 23, 2015 the United Nations Principles for Responsible Investment (PRI) reported that “(t)he US Department of Labor has released a new Interpretive Bulletin (IB 2015-01) on Economically Targeted Investments (ETIs) and Investment Strategies that Consider Environmental, Social and Governance (ESG) Factors, to: “acknowledge that environmental, social and governance factors may have a direct relationship […]