Tobacco investments held by local authority pension fund

Rob Davies made this Freedom of Information request to South Norfolk District 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.

South Norfolk District Council did not have the information requested.

Dear South Norfolk District 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

Right2Know, South Norfolk District Council

6 Attachments

Dear Rob
 
Thank you for your request of information which is being considered. You
may be aware that we have to respond to Freedom of Information (FOI)
requests within 20 working days and as soon as is reasonably practicable,
therefore you will receive a response by 16 May 2018 or earlier.
 
For your information, the Act defines a number of exemptions, which may
prevent release of the information you have requested. There will be an
assessment and if any of the exemption categories apply then some or all
of the information may not be released. You will be informed if this is
the case, including your rights of appeal.
 
If any of the information you have requested is not contained in a
recorded format, South Norfolk Council is not obliged to create
information for the purpose of responding to your request
 
There may be a fee payable for ‘reasonable disbursement’ costs such as
postage and photocopying. This will be considered and you will be informed
if a fee is payable. In this event the fee must be paid before the
information is processed and released. The 20 working day time limit for
responses is suspended until receipt of the payment.
 
If you have any queries or concerns then please let me know.  If you do
contact us again concerning this request, please quote FOI 18-187.
 
Regards
 
Chelsea Lee
Business Support Apprentice
t 01508 533 645 e [email address] [1]www.south-norfolk.gov.uk
         
 

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Right2Know, South Norfolk District Council

6 Attachments

Dear Rob
 
Norfolk County Council operate the Norfolk Pension Fund, therefore you
should forward your request to receive a response:
[1][email address]
 
In relation to spend on smoking related illness, I interpret this as
meaning “the prevention of…”. If this is correct, the District Council
does not spend money directly on this. In terms of the number of deaths;
we do not hold this information.
 
I hope this is of assistance and is sufficient to meet your requirements,
but if, for whatever reason you wish to get back to me, please feel free
to do so. In particular if you are unhappy with the information provided
or how your request was handled please let me know and I will explain how
you can request an internal review of our decision. 
 
Please quote FOI 18-187 in any further correspondence concerning this
request.
 
Regards
 
Emma Goddard
Senior Governance Officer & Deputy Monitoring Officer
t 01508 533943 e [email address] [2]www.south-norfolk.gov.uk
         
 
_____________________________________________
From: Right2Know
Sent: 18 April 2018 15:11
To: Rob Davies <[FOI #478636 email]>
Subject: RE: Freedom of Information request - Tobacco investments held by
local authority pension fund
 
 
Dear Rob
 
Thank you for your request of information which is being considered. You
may be aware that we have to respond to Freedom of Information (FOI)
requests within 20 working days and as soon as is reasonably practicable,
therefore you will receive a response by 16 May 2018 or earlier.
 
For your information, the Act defines a number of exemptions, which may
prevent release of the information you have requested. There will be an
assessment and if any of the exemption categories apply then some or all
of the information may not be released. You will be informed if this is
the case, including your rights of appeal.
 
If any of the information you have requested is not contained in a
recorded format, South Norfolk Council is not obliged to create
information for the purpose of responding to your request
 
There may be a fee payable for ‘reasonable disbursement’ costs such as
postage and photocopying. This will be considered and you will be informed
if a fee is payable. In this event the fee must be paid before the
information is processed and released. The 20 working day time limit for
responses is suspended until receipt of the payment.
 
If you have any queries or concerns then please let me know.  If you do
contact us again concerning this request, please quote FOI 18-187.
 
Regards
 
Chelsea Lee
Business Support Apprentice
t 01508 533 645 e [email address] [3]www.south-norfolk.gov.uk
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