Illinois Sustainable Investing Act

November 21, 2019

As sustainability factors are increasingly being incorporated into the underlying investment processes at the corporate, manager, and investor levels, it’s not surprising that the Illinois General Assembly has taken up the issue in recently passed legislation. The Illinois Sustainable Investing Act (the “Act”), formally cited as Public Act 101-0473, was signed into law by Governor Pritzker with an effective date of January 1st, 2020. The goal of the Act is to recognize that sustainability factors play an important role in an investment’s overall performance and the creation of long-term value.

In this update, we summarize the Act and offer next steps for impacted clients, including:

  • Stated goals and purposes of the Act
  • The role of sustainability factors in investment performance and value
  • The duties of public agencies and governments
  • Implementation of the Act

Download PDF > Illinois Sustainable Investing Act Legislative Update

As always, your consultant will be able to address any specific questions you may have regarding these changes.

 

The opinions expressed herein are those of Marquette Associates, Inc. (“Marquette”), and are subject to change without notice. This material is not financial advice or an offer to purchase or sell any product. Marquette reserves the right to modify its current investment strategies and techniques based on changing market dynamics or client needs.

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