ESG and fiduciary duty risk at center stage for governmental plans

Governmental plans largely operate at the behest of their respective state legislature. It is, therefore, unsurprising that state governmental plans will take disparate approaches to ESG. Interestingly, various plans have pushed back against new legislation that requires a certain action be taken, as the case with Maine. Further complicating the analysis are state constitutional provisions that impose broad fiduciary duties, similar to those in ERISA.

Join Sara Crovitz and Women in ETFs Philadelphia for a virtual panel discussing the rise of ESG investing

Please join Women in ETFs Philadelphia at 12:30 p.m. ET on June 16, 2021 for an exciting, topical discussion about the ESG investing landscape: current trends, future outlook and innovations across the financial services industry. Topics discussed will include:

  • The rise of ETF products around ESG
  • Potential changes to the regulatory framework
  • Different approaches to ESG: exclusions, best in class, active engagement with the various companies

When: Wednesday , June 16, 2021 at 12:30 PM ET


Sara P. Crovitz, Partner at Stradley Ronon

Mona Naqvi, Global Head of ESG Capital Markets Strategy at S&P Global Sustainable1

Ethan Powell, CEO and Founder of Impact Shares


Doug Grim, CFA, Senior Investment Strategist at Vanguard Investment Strategy Group