June 2022 Newsletter

On World No Tobacco Day – 31 May 2022 – we were thrilled to learn that Tobacco Free Portfolios had received a WHO Director-General Special Award for accomplishments in tobacco control. On behalf of the whole TFP team, I’m delighted to accept this award and extremely proud of the efforts of our small but mighty…

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The case for divestment from tobacco

Holding tobacco companies in pension portfolios has largely been to provide stable income regardless of market conditions. While these companies have always been subject to ethical concerns, the inherent sustainability risks hadn’t been properly challenged until recently.  

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December 2021 Newsletter

There are now 178 Signatories of the Tobacco-Free Finance Pledge from 21 countries representing over US$12.2 trillion in assets under management. COP26 and Net Zero commitments have dominated the sustainable finance landscape of late. Given the profoundly negative impact of tobacco on the environment – in terms of ocean plastic, deforestation, biodiversity loss and carbon footprint (as large as…

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To the COP26 Summit in Glasgow

To the COP26 Summit in Glasgow: Moving to “Tobacco-Free Finance” is Good for Public Health and the Environment Climate change is one of the greatest risks and development challenges of our time.  Under the UK  Presidency, the 26th UN Climate Change Conference of the Parties (COP26) is being held in Glasgow on 31 October – 12 November 2021,…

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Philip Morris International (PMI) Offer for Vectura Group plc

The signatories of this letter encourage you to consider both the business risks and the moral conflict of the proposed takeover. Tobacco companies should not profit from treating the illnesses their products cause. In addition, we believe Vectura’s future commercial viability as a company dedicated to improving respiratory health would be seriously jeopardised should the…

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June 2021 Newsletter

We were thrilled to see our Global Ambassador, Her Royal Highness Princess Dina Mired of Jordan accept the prestigious ‘World No Tobacco Day’ award from Dr Tedros Ghebreyesus, Director-General of the World Health Organization. We’d like to formally thank Princess Dina for her tireless commitment to tobacco control and send our hearty congratulations on this…

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A World Without Tobacco Post Pandemic – 2021 Webinar

Tobacco Free Portfolios was pleased to host a webinar in March, 2021, alongside global thought leaders from American Cancer Society, Robert Wood Johnson Foundation, The Truth Initiative, Campaign for Tobacco Free Kids and The Center for Black Health & Equity to showcase the broad cross section of major tobacco control initiatives. The panel of speakers…

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CAMRADATA – Sustainable Investing Whitepaper

Tobacco Free Portfolios was pleased to participate in the CAMRADATA Sustainable Investing roundtable to discuss advancing sustainable finance and ensuring products labelled ESG, SDG-aligned or ‘net-zero’ are explicitly tobacco-free. Read more in the CAMRADATA Sustainable Investing Whitepaper.

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