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Goldman Sachs charged over ESG failures

Goldman Sachs Asset Management is paying US$4 million to settle charges brought by the US regulator over failures involving ESG research used to select investments. It comes as the US government reverses limitations placed on some pension funds in relation to ESG investing by the Trump Administration.

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Read more: ESGGoldman SachsSECGoldman Sachs Asset ManagementBlackRockMOSERSERISARon DeSantisEmployee Retirement Income Security ActJimmy PatronisPresident Joe BidenScott FitzpatrickMarty WalshState Board of AdministrationUS Department of Labor