Godeke Consulting is proud to have authored a recent report in collaboration with UN PRI titled, "Untangling Stakeholders for Broader Impact: ERISA Plans and ESG Incorporation." In our report, we discuss the US private sector retirement market and the policy, governance and specific stakeholder factors that could drive the growth of ESG assets.
You can read the full report here.
Executive Summary:
The US accounts for the largest share of pension assets globally. Increasingly, US investors are incorporating ESG factors into their investment decisions. However, the country lags its peers in private sector retirement assets managed with explicit regard for ESG factors.
The case for ESG incorporation by US private sector retirement plans has evolved over the last 30 years; from articulating that ESG is not prohibited, to demonstrating that ESG incorporation creates clear benefits for investors, to now viewing ESG incorporation as a core element of fiduciary duty.
This report explores the US private sector retirement market that is regulated through the Employee Retirement Income Security Act of 1974 (ERISA) and the policy, governance and specific stakeholder factors that could drive the growth of ESG assets.