SFPA submitted a comment in response to the Department of Labor’s proposal to restrict the use of environmental, social and governance (ESG) focused investments in employer sponsored retirement plans. As businesses working to solve climate change through our own practices and by driving science-based U.S. policy action, we believe DOL’s proposal is short-sighted and out of step with the investment landscape and the priorities of investors and businesses. If enacted, this rule would limit the choices of Americans who depend on 401(k)s and private pensions to save for their futures.
Our full comment is available here.
About the Sustainable Food Policy Alliance
The Sustainable Food Policy Alliance seeks to accelerate the pace of change in the food industry through individual company leadership and collective support for public policies that raise the bar and inspire further action in this critical journey. As some of the world’s best-known food companies, founding members Danone North America, Mars, Incorporated, Nestlé USA, and Unilever United States recognize our responsibility to drive positive change for the people who use our products, the people who supply them, and the planet on which we all rely. To learn more about the Sustainable Food Policy Alliance, visit www.foodpolicyalliance.org.