HR 8960
Sustainable Investment Policies Act of 2020
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the Sustainable Investment Policies Act of 2020, requires large investment advisors to create and follow ‘sustainable investment policies.’ These policies must consider environmental, social, and governance (ESG) factors when making investment decisions, including corporate governance, workforce practices, labor and human rights, environmental risks, supply chain management, and tax practices. The bill also mandates annual audits of these policies to ensure compliance.
Sponsors
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Primary sponsor
Andy Levin
Cosponsors
Cynthia Axne
Jesus G. "Chuy" Garcia
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