Asset Managers · Sustainability

20-year prison sentence proposed for funds considering ESG

Alcatraz prison. Photo via Flickr CC-BY-2.0.

Republicans in the US state of New Hampshire have introduced a bill that makes the consideration of ESG criteria by sovereign wealth funds a crime. Under the proposal, this offence could be punishable by imprisonment for not less than one year and not more than 20 years.

Register or log in to continue reading. Investment Officer is an independent journalism platform for professionals working in the Luxembourg investment industry.

A subscription is free for professionals working at banks and independent asset managers.