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Retirement Investments: Considering Environmental and Social Factors

This new law allows retirement plan managers to consider environmental, social, and governance (ESG) factors when making investment decisions. This means your retirement savings could be invested in companies that prioritize these aspects, as long as it doesn't negatively impact potential returns. The law repeals previous regulations that restricted such an approach.
Key points
Retirement fund managers can now consider environmental, social, and governance (ESG) factors when choosing investments.
ESG factors can be a tie-breaker when two investments offer similar returns and risks.
The law removes previous restrictions on considering ESG factors in retirement investments.
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Additional Information
Print number: 117_HR_3387
Sponsor: Rep. DelBene, Suzan K. [D-WA-1]
Process start date: 2021-05-20
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Financial Factors in Selecting Retirement Plan Investments Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_3387.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-05-20.

What are the main provisions?

Key points include:

  • Retirement fund managers can now consider environmental, social, and governance (ESG) factors when choosing investments.
  • ESG factors can be a tie-breaker when two investments offer similar returns and risks.
  • The law removes previous restrictions on considering ESG factors in retirement investments.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. DelBene, Suzan K. [D-WA-1].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Education and Labor.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Labor Economy