Serving on the Indiana Public Retirement System (INPRS) Board and as Chair of the Indiana Deferred Compensation Committee (IDCC), Elise Nieshalla has worked diligently to remove assets from funds with investments in entities aligned with the Chinese Communist Party or that focus on Environmental, Social, and Governance (ESG) factors that have prioritized left-wing political causes over financial returns.
Elise has taken decisive action to ensure that investment decisions are made with fiduciary duty and is proud to share that:
INPRS divested from China in 1 year (4 years ahead of the legislated deadline)
IDCC followed the spirit of the law for INPRS and divested proactively from China
INPRS and IDCC instituted “Fiduciary Duty over ESG” investment policies and changed asset managers and proxy advisors as a result
