Tobacco investments held by local authority pension fund

Rob Davies made this Freedom of Information request to Copeland Borough Council as part of a batch sent to 447 authorities This request has been closed to new correspondence. Contact us if you think it should be reopened.

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The request was partially successful.

Dear Copeland Borough 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

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Hello [FOI #478402 email],

Thank you for your email. We have received your message and it is being
handled by one of our Customer Service Officers. Please expect a reply
shortly.

Thank you.

Copeland Borough Council, Market Hall, Market Place, Whitehaven, CA28 7JG.
Tel: 01946 598300. Fax: 01946 598303. [5]www.copeland.gov.uk,
[6][Copeland Borough Council request email]

Working to improve lives, communities and the prosperity of Copeland

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Working to improve lives, communities and the prosperity of Copeland

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Dear Mr Davies

Thank you for your Freedom of Information Request. Your request for
information has been forwarded on to our Freedom of Information Officer,
who will respond to your request as soon as possible, and not later than
20 days after receiving your request.

Yours sincerely,

Customer Service Officer

Copeland Direct

Copeland Borough Council

Copeland Borough Council, Market Hall, Market Place, Whitehaven, CA28
7JG. Tel: 01946 598300. Fax: 01946
598303. [1]www.copeland.gov.uk, [2][Copeland Borough Council request email]

Working to improve lives, communities and the prosperity of Copeland

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From: Rob Davies <[FOI #478402 email]>
Date: Tuesday, 17 April 2018, 16:05:58
To: FOI requests at Copeland Borough Council <[Copeland Borough Council request email]>
Subject: Freedom of Information request - Tobacco investments held by
local authority pension fund
Dear Copeland Borough 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

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Dear Mr Davies,

Thank you for your request for information regarding Tobacco investments
held by local authority pension fund.

I can advise that the information requested at 1-5 is not held by Copeland
Borough Council and may be obtained from the following organisation.

6. What is the local authority’s annual spend on smoking-related illness?
- Nil

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. – Falls within
the remit of Cumbria County Council -
[1][email address]

I hope this is the information you require, but do not hesitate to contact
me if you wish to clarify anything further.

The Council makes every effort to make sure that the services it provides
are as efficient and effective as possible, and this includes any requests
under the Freedom of Information Act.

If you believe that your request has not been dealt with satisfactorily
you should follow the Council’s complaints procedure.

If you have followed the complaints procedure and are still not happy with
how your request has been dealt with you may also contact the:

Information Commissioner’s Office

Wycliffe House

Water Lane

Wilmslow

Cheshire

SK9 5AF

Enquiry/Information Line: 01625 545 745

For more information: [2]https://ico.org.uk/

Yours sincerely

Cliff Walker

Information Management Officer

Copeland Borough Council

Tel: 01946 59 8529

Email: [3][email address]

Copeland Borough Council, The Copeland Centre, Catherine Street,
Whitehaven, Cumbria, CA28 7SJ. Tel: 01946 598300. Fax: 01946 598303.
[4]www.copeland.gov.uk, [5][Copeland Borough Council request email]

[6]Description: cid:image001.png@01CE1E6D.7E7E5480

Working to improve lives, communities and the prosperity of Copeland

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From: Rob Davies <[7][FOI #478402 email]>
Date: Tuesday, 17 April 2018, 16:05:58
To: FOI requests at Copeland Borough Council <[8][Copeland Borough Council request email]>
Subject: Freedom of Information request - Tobacco investments held by
local authority pension fund