Tobacco presents an array of health, ethical and social risks that are well-known and long- studied. This report, drawing on new academic analysis from Maastricht University School of Business and Economics demonstrates that declining returns and growing business threats present a clear and present financial risk for investors in tobacco.
Canada’s second largest pension plan signs The Pledge
Caisse de depot et placement du Québec (CDPQ) has made the decision to withdraw from the tobacco industry. Tobacco is a public health issue that has serious consequences on the environment and on society, and we believe it is not an activity that is sustainable over the long term.
December 2020 Newsletter
As the year draws to a close it’s a good time to reflect on how much has changed and how we’ve adapted to the new reality. Never before has health and economics been discussed so much – in the one conversation! The work of Tobacco Free Portfolios has always sat between the world of finance…
Dr Sam Manger, The GP Show
Jenelle McMaster, Change Happens
Oliver Telling, Investor Chronicle
International Forum of Sovereign Wealth Funds (IFSWF) Webinar
Tobacco Free Portfolios, together with the International Forum of Sovereign Wealth Funds (IFSWF), were pleased to co-host the webinar ‘Aligning portfolios with international treaties – where does tobacco fit in?’. In this video, hear from finance leaders who have gone tobacco-free, including Ian Silk, CEO AustralianSuper, Oliver Rousseau, Executive Director Fonds de Reserve Pour Les…
Fiona Reynolds, PRI Podcasts
Australia’s Leading CEOs Go Tobacco-Free
Hear from some of Australia’s leading CEOs on why they went tobacco-free, why tobacco-free finance is an important step on the sustainable journey, what they would say to super funds that haven’t gone tobacco-free and how they feel leading a super fund that is tobacco-free.
CalPERS made $856M through its tobacco exclusion
Californian public pension giant CalPERS has made $856m through its exclusion of tobacco since 2017, amounting to about 0.2% of the $389bn fund’s current assets, according to the latest analysis by investment consultant Wilshire Associates.