Despite the concerns that the Trump administration implemented Department of Labor (DOL) regulations that hampered the use of environmental, social, and governance (ESG) investments, I still don’t think that it’s a big deal because ESG funds haven’t caught on completely with retirement plans.
A survey by PGIM found that about one-quarter (24%) of plan sponsors indicate they have taken action to incorporate ESG investments into their plan over the past three years, while more than half (52%) said they have not. An additional 23% were neutral on the matter.
