In this succinct two-page document, “Breckinridge recaps and responds to the October 22 announcement by the US Department of Labor of new language that clarifies that environmental, social and governance (ESG) factors can be valuable investment criteria for portfolios governed by the Employee Retirement Income Security Act of 1974 (ERISA). The DOL announcement is pivotal because of the historically high bar set by ERISA for fiduciary responsibilities.”
You may read download the document from the news and newsworthy page of the Breckenridge Capital Advisors internet site.