Tobacco investments held by local authority pension fund

Broxtowe Borough Council did not have the information requested.

Dear Broxtowe Borough Council,

I am seeking information about the value of the local authority pension fund’s investment in tobacco shares and bonds, as well as the income from those investments. Please provide whatever answers you can to the following.

1. What is the most recent available value of the local authority's pension fund?

2. What is the value of the fund’s directly-held investment in shares or bonds of the following companies: British American Tobacco, Imperial Brands, Japan Tobacco International, Altria Group Inc, Philip Morris International, Universal Corp, Alliance One International?

3. What is the total combined value of the fund’s directly-held investments in the companies named above?

4. What income did the fund receive from these investments in the last 12-month period for which records are available?

5. Does the fund have any other investments in tobacco via pooled investments? What is the value of these?

6. What is the local authority’s annual spend on smoking-related illness?

7. Please supply the number of deaths attributable to smoking in the local authority areas covered by your pension fund. Your Director of Public Health or equivalent should be able to supply this figure.

If you require clarification on any of the above questions, please get in touch on 0203 353 3616, or 07415154041 or email me at [email address]

Yours faithfully,

Rob Davies

Broxtowe Borough Council

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foi, Broxtowe Borough Council

Dear Rob
Further to your request, I have been advised that this information is available from Nottinghamshire County Council. I would be happy to forward your request to that authority for a response; alternatively you can contact them direct at [email address].
Please contact me if I can be of any further assistance.
Regards
Sue
__________________________
Sue Rodden
Head of Administrative Services

Broxtowe Borough Council
Council Offices
Foster Avenue
Beeston
Nottingham
NG9 1AB

Tel: 0115 9173295

www.broxtowe.gov.uk

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