The Supervisory Board of the Fonds de Réserve pour les Retraites (FRR) adopted the Executive Board’s proposal to exclude from its portfolio investments in equities or bonds of tobacco producing companies. “The FRR also believes that progress will not be achieved by dialogue with these companies, because the whole purpose
French insurer AXA plans to stop investing in the tobacco industry, citing the impact of smoking on public health, and said it plans to sell its 1.8 billion euros ($2.02 billion) of assets in the sector. AXA said it would divest its 200 million euros of equity holdings in tobacco
And it’s only going to get worse for them. I was asked two weeks ago to blog about my end-of-year thoughts. Something told me to procrastinate, and I am glad I did. Within 24 hours before putting fingers to keyboard, good news came from afar. First, after several years of
The most recent data shows that the tobacco industry spent more than $1 million a day sponsoring events and giveaways that target college students. Tobacco companies heavily target young adults (ages 18 to 21) through a variety of marketing activities—such as music and sporting events, bar promotions, college marketing programs,
