HR 3605
Sustainable Investment Policies Act of 2021
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the Sustainable Investment Policies Act of 2021, requires investment advisors to create and follow sustainable investment policies. It mandates that large asset managers disclose their policies regarding environmental, social, and governance (ESG) factors, including climate risks, labor practices, and corporate governance. The bill also establishes an annual audit requirement to ensure compliance with these policies and offers a fiduciary safe harbor for advisors adhering to the guidelines.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Andy Levin
Cosponsors
Cynthia Axne
Jesus G. "Chuy" Garcia
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.