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Does Investing in ESG Hurt Pension Plans?

Studies focused on public pensions do not tell us much about 401(k)s and ESG.

Earlier this month, I had the privilege of testifying in front of the House Education and Labor Subcommittee on Health, Employment, Labor, and Pensions, which convened to clarify regulations on how 401(k) plans (among other Erisa-covered plans) should consider environmental, social, and governance information in selecting their investments.