Colonial First State has become a signatory to the United Nations-endorsed Tobacco-Free Finance Pledge.
JP Morgan Asset Australia has announced it has excluded tobacco stocks from its global macro thematic fund.
Legg Mason has announced its Western Asset fund will remove investments linked to tobacco and cluster munitions.
Mercer has announced it will exclude investments in companies that manufacture tobacco products and controversial weapons.
AMP Capital’s new ESG decision-making framework has seen it dump tobacco manufacturers and cluster munitions stocks.
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