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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Jul 11, 2022.
Retirees Sustainable Investment Opportunities Act of 2021
This bill requires a retirement or employee benefit plan that is regulated under the Employee Retirement Income Security Act of 1974 to disclose whether it has adopted a sustainable investment policy. A sustainable investment policy must address considerations relating to corporate governance practices, labor and human rights practices, and the environmental risks posed by the entities receiving investments.