NABTU APPLAUDS BIDEN ADMINISTRATION’S VETO TO PROTECT ESG INVESTMENT CONSIDERATIONS IN RETIREMENT PLANS

WASHINGTON, DC – March 20, 2023 – Today, North America’s Building Trades Unions (NABTU) issued the following statement from President Sean McGarvey:

“We commend President Biden and Vice President Harris for standing up for workers, a clean environment and holding companies accountable. Today’s veto protects one of workers’ most important assets – their deferred wages and pensions that ensure a secure retirement.”

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Media Contact: Betsy Barrett, NABTU | bbarrett@nabtu.org | 202-997-3266

About NABTU: North America’s Building Trades Unions is an alliance of 14 national and international unions in the building and construction industry that collectively represent over 3 million skilled craft professionals in the United States and Canada.  Each year, our unions and signatory contractor partners invest almost $2 billion in private-sector money to fund and operate over 1,900 apprenticeship training and education facilities across North America that produce the safest, most highly trained, and productive skilled craft workers found anywhere in the world.  NABTU is dedicated to creating economic security and employment opportunities for its construction workers by safeguarding wage and benefits standards, promoting responsible private capital investments, investing in renowned apprenticeship and training, and creating more construction career pathways to the middle class for women, communities of color, indigenous people, veterans, and the justice-involved. For more information, please visit nabtu.org.