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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments, Trends

Greens to push for Future Fund bar on tobacco investment

Posted on 24 March 2011

Australia’s Greens will ask lawmakers today to vote to stop the government, which plans some of the world’s toughest anti-smoking laws, from investing in tobacco companies as part of a civil servants’ retirement fund.
Greens senator Rachel Siewert will put a motion to the Senate to stop the government’s Future Fund - established in 2006 to cover pension costs of retiring lawmakers, judges and public servants - investing in tobacco……………………………………….Full Article: Source


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