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Headlines Tagged with Ethics/Environment 4,632 headlines found

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[California] Largest public pension system to sell all tobacco stocks

The California Public Employees' Retirement System decided Monday to sell its last $550 million worth of tobacco-related investments nearly two decades after trading away the bulk of them. In a 9-3 vote, the CalPERS investment committee disregarded the
AP - Associated Press
added Dec 20, 2016 22:17

[California] GLANTZ: CalPERS, against staff advice, votes to completely divest tobacco stocks; sees industry in decline

they invited me to make a formal presentation to the Committee and worked with me to prepare the materials in a way that would most effectively address the Committee’s likely questions. (My submission is here.) At the end of this process, the staff rec
Center for Tobacco Control Research and Education (UCSF)
added Dec 20, 2016 22:17

[Florida] Ex-Atty Charged In Fla. With Embezzling Bankruptcy Funds ($$)

Josiah Ewing Hutton Jr., 60, of Winter Haven, faces up to five...wrongdoing related to a client named Patricia Regan, who the documents said received the funds from a tobacco...
added Dec 20, 2016 17:19
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California Public Employees' Retirement System voted on Monday to broaden its restrictions on tobacco investments, opposing a recommendation by the pension fund's staff to reinvest in the controversial asset.

Yahoo! Finance
added Dec 20, 2016 16:20

RABIN-HAVT: Donald Trump's outrageous lies come straight from big businesses' playbook

The tobacco industry's success in manufacturing its own truth won it decades of increased profits, even as it put the lives of millions of Americans at risk. This morally objectionable playbook has been used by other industries seeking to avoid necessary
Chicago Tribune
added Dec 19, 2016 23:10
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[California] AUDIO: CalPERS "Quit Tobacco" 16 Years Ago - Might Start Again

Sixteen years after divesting from tobacco stocks, California's largest public pension fund may end the "ban." Capital Public Radio's Daniel Potter has more on a decision set to happen today.
KVCR (San Bernardino, CA)
added Dec 19, 2016 23:10

[France] French pension reserve fund turns its back on tobacco, coal

Fonds de reserve pour les retraites (FRR), France’s €37.2bn pension reserve fund, will no longer invest in the tobacco industry or certain coal companies. Further, next year, it will launch €5bn of ESG-based passive equity mandates as part of the implem / Investments and Pensions Europe (uk)
added Dec 17, 2016 07:13
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[California] ANGELIDES: The many reasons why CalPERS shouldn’t reinvest in tobacco

California saw through those arguments in the 1980s, and our state and the world were better for it. As the nation’s largest public pension fund, CalPERS has a special responsibility to strive to invest in ways that meet its fiduciary obligations, but al
Sacramento (CA) Bee
added Dec 17, 2016 07:08

[California] Treasurer Chiang Sends Letter to CalPERS Board Calling for Sale of All Investment in Tobacco Companies

State Treasurer John Chiang sent a letter to a California Public Employees’ Retirement System (CalPERS) board calling for the complete divestment of all indirect and direct investment in tobacco companies. “I continue to believe that investing in tobacc
Tri County (CA) Sentry
added Dec 17, 2016 07:04

[New Jersey] N.J. ranked worst in nation for trying to keep kids from smoking

by allocating no state funding to discourage tobacco use, New Jersey does nothing to prevent an estimated 11,800 deaths every year that can be directly attributed to smoking, according to the Tobacco Free Kids Campaign.
added Dec 17, 2016 06:56
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