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Key Objective: 9.2 Sustainable Investing Policy

The iCAP 2020, objective 9.2 is: “Commit to a Sustainable Investing Policy by FY24.” The responsible campus unit for championing this objective is Chancellor. Progress is tracked in the iCAP Portal project page for the Sustainable Investment Policy.

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No metric specified for this objective

Explanation

 

As of Jan. 1, 2020, Illinois Gov. J.B. Pritzker signed the Sustainable Investing Act that “provides that all state and local government entities that hold and manage public funds should integrate material, relevant, and useful sustainability factors into their policies, processes, and decision-making.”[1] We aim to formally commit to a Sustainable Investing Policy in order to comply with the state Sustainable Investing Act by making carbon neutral investments. In the letter from the chancellor to those responsible for the university endowment supporting divestment, we plan to include that all current and future funds be invested in compliance with the Sustainable Investing Policy. 

[1] https://bit.ly/3hLDEP0

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