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Press release: New Report Makes Case for Tobacco Divestment
"Though individual investors may not realize they're funding the proliferation of harmful tobacco products, it's common practice in the asset management industry to use tobacco stocks to diversify," said Genus' VP of Sustainable Research, Mike Thiessen. "Our tests show that divesting from tobacco as far back as 1999 would not have negatively affected financial returns for investors. As such, we're proud to be among the first firms in Canada to go tobacco-free."
- Categories
- Investing
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Perspective: If we want to improve global health, we need to tax the things that are killing us
Today, former New York Mayor Michael Bloomberg and I announced the Task Force on Fiscal Policy for Health. We are bringing together fiscal-policy, development and health leaders from around the globe, including ministers of finance, to address the enormous and growing health and economic burden of noncommunicable diseases (NCDs) in lower- and middle-income countries (LMICs). The hope is to identify underused fiscal-policy tools to lighten that burden.
- Categories
- Health Care
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Turning Puffs Into Pesos
The Philippine’s Secretary of Health, Dr. Paulyn Rossell-Ubial, shares with Asian Scientist Magazine how her country has turned a tax on smoking into a health intervention.
- Categories
- Health Care
- Region
- Asia Pacific
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Tiny biotech firm offers Big Tobacco model to curb its nicotine habit
The plant biotechnology company says it has more than 200 patents that give it the ability to increase or decrease the level of nicotine in tobacco plants, as well as the level of cannabinoids in cannabis plants.
- Categories
- Health Care, Technology
- Region
- North America
- Tags
- public health, smoking
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Nations that cannot fight tobacco industry should raise taxes, says WHO
Vinayak Prasad of WHO’s Tobacco Free Initiative said many African governments were at a disadvantage in the fight against the industry over regulatory controls, like graphic health warnings on packs, which are the norm in the west. They have neither the funds nor enough expertise to deal with the big tobacco companies’ threats, intimidatory letters and law suits.
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- Health Care
- Region
- Sub-Saharan Africa
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80 per cent of all smokers live in low and middle-income countries, India one among it: WHO
NEW DELHI: Nearly 80 per cent of the over one billion tobacco smokers globally live in low- and
middle-income countries like India, WHO said today and asserted that policies to control its use, including taxation and price increase, can generate revenues for health care and development work.- Categories
- Health Care
- Region
- South Asia
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