Tobacco investments held by local authority pension fund

Response to this request is long overdue. By law, under all circumstances, Cornwall Council should have responded by now (details). You can complain by requesting an internal review.

Dear Cornwall 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

Cornwall Council

Thank you for your Freedom of Information (FOI)/Environmental Information Regulations (EIR) request - Reference FOI-101003684639. In normal circumstances we will provide a response within 20 working days of receiving your request. There may be a small number of occasions where we may need to extend the 20 working day deadline. We will inform you if this is likely.

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We deal with around 2000 FOI/EIR requests for information each year, with the cost to the Council ranging between £25 and £450 per request. You may be able to find the information by checking previous responses on our

There may also be a small number of occasions where we may need to extend the 20 working day deadline. We will inform you if this is likely. More information can also be found on our Freedom of information pages using the following link: https://www.cornwall.gov.uk/council-and-...

Cornwall Council and its arm's length companies are committed to open and transparent government and provide information to members of the public about all aspects of the Council and these companies. Over 4000 requests for information are received each year and it is estimated that the cost to the Council and its arm's length companies of dealing with each request ranges between £150 and £350 to administer. You may be able to find the information by checking previous responses using http://www.cornwall.gov.uk/default.aspx?... or checking the Councils website at www.cornwall.gov.uk.

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