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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Keep Future Fund out of tobacco: Greens

Posted on 13 September 2012

Richard Di NataleThe Future Fund needs ethical investment guidelines to ensure it doesn’t keep putting money into the tobacco and nuclear weapons manufacturing industries, the Greens say.
The Senate on Thursday debated a private members bill put up by Australian Greens senator Richard Di Natale, who told the chamber the fund’s board needed a moral compass. “A pool (of cash) this size has a lot of power, which could be used for good, neutral purposes or harm,” he said………………………………………..Full Article: Source


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