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Prohibited Investment List

Companies listed below have been deemed prohibited from investment through laws set forth in Article 1 of the Illinois Pension Code and approved by the Illinois Investment Policy Board.

The following lists are being revised: Iran Restricted Companies, Sudan Restricted Companies, and Expatriated Entities.

Belarus Restricted Companies

Belarus Restricted Companies

**Pursuant to Public Act 102-1108, codified as 40 ILCS 5/1-110.16 (the "Act"), the Illinois Investment Policy Board adopted the vendor's Belarus Divestment list of 1 entity to be posted on the website for 60 days with language indicating their status as a restricted company pursuant to the Act. On the 61st day, the indicated entity shall be automatically posted on the prohibited list without the notice language.

Companies that Boycott Israel

Companies that Boycott Israel

*Denotes the company is currently in talks with the IIPB on the issue

Expatriated Entities

Expatriated Entities

*Denotes the company is currently in talks with the IIPB on the issue

Iran Restricted Companies

Iran Restricted Companies

*Denotes the company is currently in talks with the IIPB on the issue

Russia Restricted Companies

Russia Restricted Companies

**Pursuant to Public Act 102-1108, codified as 40 ILCS 5/1-110.16 (the "Act"), the Illinois Investment Policy Board adopted the vendor's Russia Divestment list of 472 entities to be posted on the website for 60 days with language indicating their status as a restricted company pursuant to the Act. On the 61st day, the indicated entity shall be automatically posted on the prohibited list without the notice language.

Sudan Restricted Companies

**Pursuant to 40 ILCS 5/1-110.17, the Illinois Investment Policy Board submitted written notification to the General Assembly on September 9, 2021, indicating an intent to cease divestment actions relating to Sudan-restricted companies. As the required statutory one-year notice period has expired, as of October 1, 2022, the Illinois Investment Policy Board has ceased all actions to require divestment, identify restricted companies, or prohibit transactions relating to Sudan-restricted companies. A copy of the letter is available on the IIPB website.