{"data":{"id":"us-il/40-ilcs-5-1-113.17","jurisdiction":"us-il","citation":"40 ILCS 5/1-113.17","heading":"Investment sustainability.","body":"Every retirement system, pension fund, or investment board subject to this Code shall adopt a written investment policy and file a copy of that policy with the Department of Insurance within 30 days after its adoption. Whenever a board changes its investment policy, it shall file a copy of the new policy with the Department within 30 days.\nThe investment policy shall include material, relevant, and decision-useful sustainability factors to be considered by the board, within the bounds of financial and fiduciary prudence, in evaluating investment decisions. Such factors shall include, but are not limited to: (1) corporate governance and leadership factors; (2) environmental factors; (3) social capital factors; (4) human capital factors; and (5) business model and innovation factors, as provided under the Illinois Sustainable Investing Act.","path":["CHAPTER 40 PENSIONS","Illinois Pension Code."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=638\u0026ChapterID=9\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:20Z","sha256":"d7fd35bbe9af1e954fdbca90a4aca37d7ae3cb0e4fd7a67d502c6d998a98eead","source_id":"us-il","stale":false,"prev":"us-il/40-ilcs-5-1-113.16","next":"us-il/40-ilcs-5-1-113.18"},"notice":"GroundRules: Original legal text. Not legal advice."}