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Executive Summary: Tobacco: A Practical Guide For Institutional Investors

While tobacco screening is one of the oldest available SRI screens, it remains very relevant today. There continue to be announcements from large investors adopting policies focused on avoiding exposure to companies with tobacco
involvement given the significant health and societal costs. In September 2018 Tobacco Free Portfolios announced the Tobacco-Free Finance Pledge in collaboration with UNEP FI, PSI, PRI, AXA, BNP Paribas, Natixis and AMP Capital. The pledge encourages the finance sector to play an active role in addressing the tobacco industry’s negative impact on global health. Specifically, the pledge encourages tobacco-free policies.