Environmental, Social, and Governance Investing Considerations in the U.S. and the EU (Volume 54, Number 6–March 24, 2021)
Author: Julien Bourgeois.; Nicholas Di Lorenzo.; Christopher Dotson.
Source: Volume 54, Number 06, March 15 2021 , pp.65-75(11)
Abstract:
ESG investing appears to be increasingly popular in the U.S., with investment advisers introducing new ESG-related products and modifying existing investment strategies to include ESG-elements. In this article, the authors begin by giving an overview of factors in an ESG-approach, and existing standards and frameworks. They then discuss the U.S. regulatory framework, focusing on the Advisers Act, the Investment Company Act, and ERISA. Next, they turn to the EU regulatory framework, addressing new EU regulations and other ESG-related legislative activity in the past two years. They close reminding asset managers of the need to develop a clear internal view of the ESG investment process.Keywords: Ethical Investing; Principles for Responsible Investment; Sustainable Development Goals
Affiliations:
1: Dechert LLP; 2: Dechert LLP; 3: Dechert LLP.