Your super is your future. ACOSH and ASH are campaigning to end investments by federal, state and territory governments in tobacco companies, and by major super funds.
We believe that government and super funds should be guided by principles of responsible investment. This would exclude dangerous, unhealthy, unethical investment decisions, such as investment in the tobacco industry. This is especially so when we all pay the price for the death and disease caused by the tobacco industry. It is inconceivable that we invest our money in these disreputable companies that sell death and disease.
If you want to join our campaign, write to your government and your Superfund and ask them these three questions:
- Do you invest in the tobacco industry?
- Have you made a determination that investment in tobacco is a socially responsible investment?
- If so, what was that determination?
Let them know that it is NOT all right with you that they are investing your money in the tobacco industry!
Tobacco Free Portfolios
Tobacco Free Portfolios is a not-for-profit organisation that aims to reduce and ultimately eliminate tobacco from investment portfolios across the globe. The 2016 ACOSH Bob Elphick award recipient Dr Bronwyn King, is the founder and Chief Executive Officer of this organisation. The organisation has been very successful in influencing members of the finance industry to become tobacco free.
Case Study: City of Melbourne disinvests from Tobacco Industry
ACOSH assisted the team of Cr. Arron Wood, Deputy Lord Mayor of the City of Melbourne, with the initiative to divest the Council funds from the Tobacco industry.
The council of the City of Melbourne hopes that this initiative will influence local governments across Australia to implement tobacco free investments. ACOSH developed a case study to encourage similar initiatives by WA Local Governments.
View the full case study here: The City of Melbourne Disinvests from Tobacco Industry.
If you would like ACOSH to help you achieve similar outcomes for your local government, please contact firstname.lastname@example.org or (08) 6365 5436 for more information.