House Bill 2782 is an initiative of Illinois State Treasurer Michael Frerichs. State Sen. Ram Villivalam, D-Chicago, explained what the measure requires.
“It amends the Sustainable Investing Act to require investment managers prior to their selection as a fiduciary to a public body or a public pension system to disclose to that body or system how they integrate sustainability factors into their investment decision making,” Villivalam said.
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