Tobacco investments held by local authority pension fund

Rob Davies made this Freedom of Information request to Greater London Authority 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.

The request was successful.

Dear Greater London Authority,

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

Greater London Authority

    From: [FOI #478475 email]
    To: [Greater London Authority request email]
    Subject: Freedom of Information request - Tobacco investments held by
local authority pension fund

Thank you for contacting us about the work of the Mayor and/or City Hall.

 

We aim to respond to written communication as quickly as possible and
within 20 working days.

 

However, please note that we may not reply to correspondence we consider:

• Is addressed to another party and where the Mayor has been copied-in for
information only.
• Contains comments that do not require a response.
• Includes unsolicited job applications or CVs.
• Is trying to sell or market a product.
• To be vexatious or contains abusive or discriminatory language.

 

In addition, we will not respond where we specifically state that we are
unable to enter into correspondence (for example, when inviting responses
to consultation documents).

 

If you have written to request the release of information under the
Freedom of Information Act (FoIA) or Environmental Information Regulations
(EIR), please take this message as confirmation your request has been
received. We will aim to provide a response within the statutory 20
working day deadline.
Further information on our service standards, is available on our website
at: [1]http://www.london.gov.uk/about-us/contac....

 

Thank you again for writing.

 

Yours sincerely,
Public Liaison Unit

References

Visible links
1. http://www.london.gov.uk/about-us/contac...

Mayor of London, Greater London Authority

1 Attachment

Dear Mr Davies,

Please find attached the GLA's response to your request of 17 April 2018.

Yours sincerely

Ruth Phillips
Information Governance Officer

--------------------------------------------------------------------------

Dear Greater London Authority,

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

-------------------------------------------------------------------

Please use this email address for all replies to this request:
[FOI #478475 email]

Is [Greater London Authority request email] the wrong address for Freedom of Information
requests to Greater London Authority? If so, please contact us using this
form:
https://www.whatdotheyknow.com/change_re...

Disclaimer: This message and any reply that you make will be published on
the internet. Our privacy and copyright policies:
https://www.whatdotheyknow.com/help/offi...

For more detailed guidance on safely disclosing information, read the
latest advice from the ICO:
https://www.whatdotheyknow.com/help/ico-...

Please note that in some cases publication of requests and responses will
be delayed.

If you find this service useful as an FOI officer, please ask your web
manager to link to us from your organisation's FOI page.

show quoted sections

If you're not on the electoral register, you won't be able to vote in
local authority elections this May. You must have registered to have your
say. Find out more at [1]https://www.yourvotematters.co.uk/ .

#LondonIsOpen 
GREATER LONDON AUTHORITY NOTICE:
The information in this email may contain confidential or privileged
materials. For more information
see [2]https://www.london.gov.uk/about-us/email...

References

Visible links
1. https://www.yourvotematters.co.uk/
2. https://www.london.gov.uk/about-us/email...