Fri, Dec 19, 2014
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Greens back fund re-think on tobacco

Posted on 26 October 2012

The Australian Greens have welcomed a decision by the Future Fund to review its investments in tobacco companies. Greens senator Richard Di Natale, who has been pushing the fund to make more ethical investments, says investing hundreds of millions in such a “toxic industry” makes no sense.
The fund’s governance committee is reviewing its $219 million hold in tobacco companies. “The only logical outcome of the fund’s internal review is to recommend for the divestment of those holdings,” Senator Di Natale said in a statement on Friday………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 15416 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« Nov    
1234567
891011121314
15161718192021
22232425262728
293031