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Tobacco investments held by local authority pension fund

Rob Davies made this Freedom of Information request to Gloucestershire County Council as part of a batch sent to 447 authorities

This request has been closed to new correspondence from the public body. Contact us if you think it ought be re-opened.

We're waiting for Rob Davies to read recent responses and update the status.

Dear Gloucestershire County 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

Gloucestershire CC, Gloucestershire County Council

Information request
Our reference: 8039273

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Dear ‎Mr Davies‏
 
Request for Information (Reference: 8039273 )
 
Thank you for your request for information, received on 17 April 2018.
 
Request summary:
Q1) What is the most recent available value of the local authority's
pension fund?
Q2) 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?
Q3) What is the total combined value of the fund's directly-held
investments in the companies named above?
Q4) What income did the fund receive from these investments in the last
12-month period for which records are available?
Q5) Does the fund have any other investments in tobacco via pooled
investments? What is the value of these?
Q6) What is the local authority's annual spend on smoking-related illness?
Q7) 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.
 
We aim to respond to your request no later than midnight on 16 May
2018 (the statutory timescale of 20 working days, starting on the working
day following receipt of your request). We may need to contact you if the
request needs to be clarified; this is to ensure we provide you with the
information you require.
 
If the information you have requested is held by another public authority,
we will inform you of this so that you can contact them directly.
 
Gloucestershire County Council is committed to the principles of
information disclosure and will, wherever possible, provide all
information requested. However, some information you have requested may
not be provided to you; this will only be information that can be withheld
by law, and, in most cases, the reason will be explained to you when we
send out any information that can be released. We will also inform you as
soon as possible if we do not hold the information you have requested.
 
Our response to your request may be published in our disclosure log, with
your personal details removed. Our new disclosure log can be found on our
website at: [1]www.gloucestershire.gov.uk/foi.  In future, you may find
that the answer to your questions about the Council has already been
published.
 
Yours sincerely

Request Support Assistant
Information Management Services

01452 324000

References

Visible links
1. http://www.gloucestershire.gov.uk/foi

Gloucestershire CC, Gloucestershire County Council

2 Attachments

Information request
Our reference: 8039273

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Dear Mr Davies
 
I am pleased to provide a response to your request for information,
received on 17 April 2018. We apologise for the delay in providing this
information to you and hope it hasn't caused you inconvenience.

Q1) What is the most recent available value of the local authority's
pension fund?
Q2) 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?
Q3) What is the total combined value of the fund's directly-held
investments in the companies named above?
Q4) What income did the fund receive from these investments in the last
12-month period for which records are available?
Q5) Does the fund have any other investments in tobacco via pooled
investments? What is the value of these?
Q6) What is the local authority's annual spend on smoking-related illness?
Q7) 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.

Please find this information attached.

Gloucestershire County Council has not withheld any information in
relation to this request under the exemptions of the Freedom of
Information Act 2000 (FoIA).

I will now close your request as of this date.

Yours sincerely
Elizabeth Varley
Information Requests Officer
Information Management Service

01452 324000

NOTE: Please do not edit the subject line when replying to this email.
 

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