Tell Your Illinois State Legislators That You Support the Campaign for Climate Safe Pensions
Investments in fossil fuels are driving climate change, and they are becoming increasingly risky with significant financial liabilities. The state of Illinois can be both a climate leader and protect the health of its pension funds by divesting from fossil fuels. Climate Safe Pensions Illinois, a coalition whose members include 350 Chicago, Third Act Illinois, and The Climate Reality Project Chicago Metro Chapter, is, therefore, asking the State of Illinois to protect pension funds and provide more transparency to the holders.
The Fossil Fuel Divestment Act HB3961 (introduced by Rep. Will Guzzardi in the House) and SB0130 (introduced by Sen. Adriane Johnson in the Senate ) were reintroduced in the 2025 session of the General Assembly. The bills:
Require Illinois’ largest state-funded public pension funds to stop new fund investments in fossil fuel companies immediately.
Require these same pension funds to divest public holdings in top 200 oil, coal, and natural gas companies over a period of five years (ten years for private investments).
Require each pension fund to post quarterly, on its publicly accessible website, information detailing all its holdings in the public market and private equity investments.
Require each pension fund to disclose the analytic methods used, if any, in determining the climate-related financial risks posed by its fossil fuel investments (both publicly traded and private investments) and the results of the analysis.
The Illinois Fossil Fuel Divestment Act has the support of 350 Chicago, Third Act Illinois, The Climate Reality Project Chicago Metro Chapter, the Illinois Environmental Council, Indivisible, and many other climate and environmental groups.
Please join the Climate Safe Pensions Illinois campaign by telling your state legislators they should support The Fossil Fuel Divestment Act. We'll collect responses to this survey and deliver them to your legislators.
