In an S&P Global article, Joshua Lichtenstein, a partner in the employment, executive compensation and employee benefits group and head of the firm’s ERISA fiduciary practice, analyzed the impact on anti-ESG policies in state legislation.
In the article on a multistate effort to eliminate environmental, social and governance considerations from public investments and state pension funds, Joshua explained the biggest challenge to money management is uncertainty. "When we have unquantifiable risks like not knowing the way that a new rule is going to be interpreted, that makes it much harder to actually carry out the business of investing capital," said Joshua. The article includes data from the Ropes & Gray interactive map on navigating state regulation of ESG investments.
Stay Up To Date with Ropes & Gray
Ropes & Gray attorneys provide timely analysis on legal developments, court decisions and changes in legislation and regulations.
Stay in the loop with all things Ropes & Gray, and find out more about our people, culture, initiatives and everything that’s happening.
We regularly notify our clients and contacts of significant legal developments, news, webinars and teleconferences that affect their industries.