Tobacco investments held by local authority pension fund
Dear Shetland Islands 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
Mr Davies
We acknowledge receipt of your request for information.
This is receiving attention, and we will provide you with a response as soon as possible.
Regards, Louise
Louise Adamson
Committee Officer
Governance and Law
Shetland Islands Council
Montfield Offices
Burgh Road
LERWICK
Shetland ZE1 0LA
Tel: 01595 744555
Dear Rob
Thank you for your recent FOI request. Please find our response
incorporated into your original request below.
I trust this response meets your request. However, if you are
dissatisfied with the way in which the Council has dealt with your request
for information then you may ask the authority to review its actions and
decisions in relation to your request by submitting a formal appeal. The
process for lodging appeals is set out in the attached leaflet.
Kind regards,
Avril Manson
Business Support Assistant
Executive Services
Shetland Islands Council
Montfield, 28 Burgh Road
Lerwick
Shetland, ZE1 0LA
Tel: 01595 744067
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