Restricting ESG factors from retirement plans

Published: July 31, 2020, 9 a.m.

In the investment world, sustainable investments are measured through their environmental, social and governance impacts, known as ESG factors. But the Labor Department wants to restrict these factors, which are commonly used to prevent funding polluting companies, or labor exploitation, from retirement programs. POLITICO’s Zack Colman explains this proposal, and the blowback it is already facing. Anthony Adragna is an energy reporter for POLITICO. Carlos Prieto is a Politico podcast producer. Jenny Ament is the senior producer of POLITICO audio. Irene Noguchi is the executive producer of POLITICO audio.