This webinar summarises the key regulatory developments for sustainable finance during the final months of the European Parliament, including on the under the European Commission’s action plan on sustainable finance and its action plan on building a capital markets union.
By Heather Slavkin Corzo, Head of US Policy, in Washington, DC
By Will Martindale, Director of Policy and Research, the PRI
This webinar introduces the Principles for Responsible Banking.
Untangling the chain of stakeholder interests and incentives requires connecting the business objectives of plan sponsors with the growing demand for ESG incorporation by plan beneficiaries, while working within the fiduciary duty requirements of ERISA.
The ERISA retirement system brings together distinct stakeholders with diverse incentives and objectives. These range from the plan sponsors to pension consultants to the investment managers, independent advice providers and, ultimately, the plan beneficiaries.
Unlike public pension plans, private-sector retirement plans (including both DC and DB plans) must maintain compliance with ERISA regulations, specifically the fiduciary requirements, when selecting investment options.