In S&P Global Market Intelligence, Joshua Lichtenstein Discusses Tailored ESG Messaging for Investment Advisors

In The News
March 24, 2023

In an S&P Global Market Intelligence article, Joshua Lichtenstein, employment, executive compensation and employee benefits partner and head of the firm's ERISA fiduciary practice, discussed how asset managers are adapting their investment policy messaging on environmental, social and governance (ESG) factors to Republican led states that will not do business with companies that use ESG metrics and analysis, and Democratic led states that make doing so a priority.

The article notes that a new coalition of financial firms, businesses and public retirement funds are pursuing a pro-ESG ‘Freedom to Invest’ initiative launched by investor advocacy network Ceres that urges federal and state lawmakers to protect their fiduciary duties and ability to make investment decisions that best serve their shareholders and beneficiaries for the long term.