Home > Uncategorized > Janet Bagnall: A new chapter unfolds in the fight against Big Tobacco

Janet Bagnall: A new chapter unfolds in the fight against Big Tobacco

Janet Bagnall: A new chapter unfolds in the fight against Big Tobacco.

Canada’s class action lawsuit against three major tobacco companies begins on Monday, seeking 27 billion dollars in damages.   This article reminds us how the tobacco companies have engaged in racketeering at huge cost to society.

Two of the tobacco companies, Rothmans, Benson and Hedges Inc. and JTI-McDonald both deny a causal connection between smoking and cancer, despite the wealth of scientific evidence to the contrary, and which was first identified in the early 1950’s.  These two companies are subsidiaries of British American Tobacco and Japan Tobacco International.

How can UK local authority pension funds continue to invest in companies that deny the link their products clearly have with causing cancer?   The pension funds claim that they engage constructively with the companies they invest in to pursue socially responsible investment.  Perhaps it is not surprising that the companies deny their products cause cancer, even though the facts are clear.  It is not clear why LAs think they can influence tobacco companies to be responsible organisations.

Advertisements
Categories: Uncategorized
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: