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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Heart Foundation welcomes review of Future Fund tobacco investments

Posted on 26 October 2012

The National Heart Foundation of Australia is welcoming the announcement that the Future Fund is reviewing its investment of taxpayers’ funds in tobacco companies, but has called for the review to be transparent and open.
“The Heart Foundation strongly opposes investment of public funds in tobacco companies via the Future Fund,” said Dr Lyn Roberts, National CEO of the Heart Foundation. “It’s totally inappropriate for the Future Fund to work against the Australian Government’s proud record on tobacco control………………………………………..Full Article: Source


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