The agency would have us take a step backward and limit the use of forward-looking datasets.

Investor advocates, religious groups and proponents of ESG investing argue the changes are a gift to business lobbyists that will muzzle corporate critics.

A State Street fund avoiding crude holdings has beaten the S&P 500 by 3.6 percentage points since its inception, generating an annual return of 12.9%.

The fund giants voted for 99% of U.S. directors proposed by the energy, utility, banking and automotive companies reviewed by nonprofit research group Majority Action.

The industry’s largest money manager experienced record inflows to sustainable products in the first six months of the year.

The pandemic has underscored the need for more socially and environmentally responsible financing.

Funds that buy debt backing sustainability matters grew 12% from the end of 2019 globally, reaching a record $209.5 billion of assets, data show.

The department’s new proposal would restrict when fiduciaries can vote in retirement plans.

Fidelity's letter to the Labor Department says the proposal isn't “well grounded or supported by much of the emerging data.”

“Given the moment that we’re at in history with all of the threats to racial, gender and climate justice, it really felt like it was time to expand what we were doing.” Rachel Robasciotti says.