Indiana Public Retirement System

Indiana officials announced this week the state has fully divested all public dollars from Chinese companies.

House Bill 1008, aims to cut ties with banks that have certain ESGs or environmental, social and governance policies. These are policies that consider the environmental or social impacts of their investments.

ESG investing is a growing practice in which investors consider the environmental and social impacts of their investments. Several conservative-led states have taken steps to ban it when it comes to investing public dollars.

Among other actions, the order required the Indiana Public Retirement System to report Russian-related investments.