In six months, Tobacco Free Portfolios welcomed 19 new Signatories to the Tobacco-Free Finance Pledge bringing the total number of Signatories to 129. These Signatories represent US$8.25 Trillion Assets Under Management and US$2.08 Trillion Corporate Loan Books with Gross Insurance Premiums amounting to US$186 Billion. This newsletter also acknowledges IDLC Finance Limited of Bangladesh –…
June 2019 Newsletter
2019 saw a dramatic increase in awareness of tobacco-free finance and implementation of new investment frameworks that consistently saw tobacco excluded from portfolios. These decisions are better for human health and better for the planet. Pressure on tobacco companies continued to rise. New anti-tobacco regulations were implemented across the globe (including plain packaging, new tax increases,…
December 2018 Newsletter
Tobacco Free Portfolios launched the Tobacco-Free Finance Pledge during the UN General Assembly in New York City in September 2018 with 93 Founding Signatories with combined AUM of US$6 trillion. This newsletter features highlights and give thanks to Governments of Australia and France that co-sponsored the event and UN and corporate partners for driving global…
June 2018 Newsletter
2018 started on a high note when in January the Dutch pension giant ABP announced their tobacco-free move. It was a great pleasure to work with ABP in reaching this decision and we were delighted to welcome ABP Trustee Xander Den Uyl to the Tobacco Free Portfolios Global Advisory Council. Other tobacco-free announcements to hit…
December 2017 Newsletter
Tobacco Free Portfolios shares highlights from 2017. Momentum towards tobacco-free finance accelerated markedly and advanced to include major financial organisations in more than a dozen leading economies. We have been active in 25 cities in 16 countries spanning four continents.