Tobacco investments held by local authority pension fund

The request was partially successful.

Dear Derby City 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

FOI, Derby City Council

This is acknowledgement that your e-mail has been received by the Freedom
of Information team.  We will respond to you as soon as possible.

 

If you are making a Freedom of Information request you will receive a
response within the statutory 20 working day timescale.

 

Freedom of Information Team | Governance & Assurance | Resources
Directorate| Derby City Council, The Council House, Corporation Street,
Derby DE1 2FS | Telephone 01332 640763 | Minicom 01332 640666 | Web:
[1]www.derby.gov.uk

Proud of Derby

 

 

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FOI, Derby City Council

I acknowledge your request for information received on 17/4/18 about
‘Pension Fund’.

Your request is being considered and you will receive the information
requested as soon as possible, but in any case by 16 May the statutory
timescale of 20 working days as defined by the Freedom of Information Act
2000 (FOI) unless the information requested is subject to a statutory
exemption on disclosure or the information contains reference to a third
party.

 

For your information, the Act defines a number of exemptions, which may
prevent release of the information you have requested. Some exemptions are
subject to a public interest test. There will be an assessment and if any
of the exemption categories apply and any relevant public interest test is
weighed in favour of withholding the information it will not be released.
You will be informed if this is the case, including your rights of appeal.

 

If the information you request contains reference to a third party then
they may need to be consulted before a decision is taken on whether the
information can be released to you. You will be informed if this is the
case.

 

There may be a fee payable for supplying the information in the form of
disbursements. This will be calculated and you will be informed if a fee
is payable. The fee must be paid before the information is released and
the 20 working day time limit for responses is suspended until payment is
made. You will have 3 calendar months to submit your payment.

 

If you have any queries or concerns then please contact the

Freedom of Information Officer
Derby City Council
The Council House
Corporation Street
Derby
DE1 2FS

Telephone 01332 640763 or e-mail [1][Derby City Council request email]

Further information is also available from the Information Commissioner
at:

Information Commissioner's Office
Wycliffe House
Water Lane
Wilmslow
Cheshire
SK9 5AF
Telephone: 01625 545 700

[2]www.ico.org

Kind regards,

Freedom of Information Team | Organisation & Governance Directorate
| Derby City Council, Council House, Corporation Street, Derby
DE1 2FS| 01332 640763 | [3]www.derby.gov.uk

 

You can now visit and subscribe to the Derby Newsroom for Council news and
updates
[4]derby.gov.uk/news

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FOI, Derby City Council

1 Attachment

Dear Rob Davies,

 

Your request for information has been considered and the information
requested is attached.

 

For your information this request has cost the Council £18.75 to process.

 

Supply to you of any material does not give you the right to use it in a
way that breaches the copyright or other intellectual property rights in
that material. For example publishing or otherwise re-using it for
commercial purposes or sending any marketing material or spam emails. You
must get the consent of the copyright owner which may involve the granting
of a licence and the application of a fee.

 

This does not restrict your rights under the fair dealing provisions of
the Copyright, Designs and Patents Act 1988.

 

If you have any queries or concerns or are unhappy with the handling of
your request then please contact:

 

Freedom of Information Officer

Derby City Council

The Council House
Corporation Street
Derby
DE1 2FS

 

Telephone 01332 640763 or e-mail [1][Derby City Council request email]

 

Further information about Freedom of Information is available from the
Information Commissioner at:

 

Information Commissioner's Office
Wycliffe House
Water Lane
Wilmslow
Cheshire
SK9 5AF 
Telephone:   01625 545 700

[2]www.ico.org.uk

 

Yours sincerely,

Freedom of Information Team | Corporate Resources | Derby City
Council, Council House, Corporation Street, Derby
DE1 2FS| 01332 640763 | [3]www.derby.gov.uk

 

 

You can now visit and subscribe to the Derby Newsroom for Council news and
updates
[4]derby.gov.uk/news

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