Home > Uncategorized > Take your funds out of tobacco, council urged (From Worcester News)

Take your funds out of tobacco, council urged (From Worcester News)

Take your funds out of tobacco, council urged (From Worcester News).

 

Opposition councillors moved to take tobacco investments out of this council’s pension fund, but were defeated by the ruling Conservative party councillors. It isn’t clear from the report whether councillors received the views of the Director of Public Health, who would surely point out the inherent contradiction of investing in the companies that kill more people prematurely in Worcestershire than anything else, when next April this council becomes responsible for improving the health of the population.  Let’s be clear – owning shares in these companies means the council is complicit in the smoking attributable deaths that result.

I would also like to know whether the council’s legal officer has offered advice on the council’s obligations under article 5.3 of the Framework Convention on Tobacco Control, the guidelines to which state quite expressly that no branch of government (which includes councils) shall invest in tobacco companies.  Doing so appears to place the UK in breach of international law!

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