New Guidance on SRIs: What Plan Committees Need to Know
Los Angeles partner Fred Reish published an article in PLANSPONSOR, written with the assistance of Los Angeles partner Bruce Ashton and Chicago associate Joshua Waldbeser. The article, titled, “New Guidance on SRIs, What Plan Committees Need to Know,” offers insight to managing economically targeted investments (ETIs).
The authors suggest that committees need to know the following when selecting investments that reflect environmental, social and governance (ESG) factors:
- Compare options in the same asset class against the market and consider each alternative using common measures.
- Understand whether ESG features will affect the expected return.
- Document the assessment that is made and monitor the decision frequently.
Read: “New Guidance on SRIs, What Plan Committees Need to Know.”
The material contained in this communication is informational, general in nature and does not constitute legal advice. The material contained in this communication should not be relied upon or used without consulting a lawyer to consider your specific circumstances. This communication was published on the date specified and may not include any changes in the topics, laws, rules or regulations covered. Receipt of this communication does not establish an attorney-client relationship. In some jurisdictions, this communication may be considered attorney advertising.