Green bonds will drive sales, and sustainability-linked bonds are facing a test, S&P found.
The firm would be one of several companies providing sustainable target-date funds in the US.
'We're not trying to make value judgments,' Kunal Kapoor says.
Some politicians see it as part of a viable platform for the 2024 presidential election.
Nearly 90% of investors surveyed said they would like advisors to help them with allocations
The effort, the latest in an overall anti-ESG push from conservatives, is largely symbolic.
Republicans have criticized the big asset managers over their proxy-voting practices.
The pooled employer plan is going live as the Department of Labor's new ESG rule takes effect.
A legal challenge to the agency's rule on investments in retirement plans was inevitable, lawyers say.
The effort comes as Republicans have increasingly supported an anti-ESG push, largely led by the states, including Texas and Florida.