More institutional investors say no to tobacco, weapons
from The Wall Street Journal
U.S. institutional investors are increasingly screening out securities tied to tobacco and weapons production, cordoning off $4 trillion of investment assets from the two industries, according to a new study. The institutions, primarily pension funds and insurers, placed so-called ESG screens against $2.56 trillion of tobacco-related securities, more than doubling the $1.16 trillion that was similarly restricted in 2016, according to findings by US SIF, an organization that promotes sustainable and responsible investing.
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063