Background information for Tobacco Stocks Divestment 1 1.1 Responsible Investment Framework The Guardians of New Zealand Superannuation (Guardians) have made considerable progress during the year in the development of their responsible investment framework. The Guardians approved their revised Responsible Investment Policy‚ Standards and Procedures‚ to encompass both the Guardians ethical investment and voting requirements‚ with regards to the New Zealand Superannuation Fund (Fund). The Responsible
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and suicide combined. Tobacco consumption has existed for many centuries‚ since the first Native American to the Spanish conquerors and it has very quickly become global. 100 billion cigarettes are smoked each year and this causes the death of 5 millions people a year. Tobacco companies want to give the impression that they look like all major companies: first‚ they act responsibly and‚ secondly‚ they worry about satisfying their customers and shareholders. But the tobacco industry manipulate people
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Over the past 50 years America has increased its level of knowledge towards the use of tobacco as well as enhanced its cessation techniques through the use of medication and researched programs. Despite these advancements smoking has continued to be a detrimental problem to the American public. According to the CDC‚ “about 1‚000 persons younger than 18 years of age begin smoking on a daily basis.” 1 Many of the cessation programs directed at youths are still young and creating names for themselves
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SUMMARY OF THE TOPIC Mr Price is a company that‚ in general‚ is seen to operate in a very ethical manner. Ethics however is not just about how the company itself operates but includes the ethical practices of all of its business partners‚ such as suppliers. If Mr Price did business with a company that uses unethical business practices it would be viewed in a negative light. Doing business in an ethical way is important to the sustainability of the company. This is because operating in an unethical
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Tobacco Companies Are Not Responsible For People’s Bad Choices People cannot rightfully blame tobacco companies for their own bad decisions because of warnings on cigarette packs‚ it hurts the tobacco companies‚ and also the consumers in many ways. Tobacco companies have made it very simple for individuals who smoke to know smoking is bad for them‚ and that it can really harm them. Everywhere people look now‚ they see anti-smoking ads and facts about the negative health effects of smoking
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to feel a financial pinch‚ and is already reducing the scale and scope of some of its manufacturing operations inside the country. In a statement released to the press on Saturday‚ the company announced that it will be reducing the operations in its smallest factory‚ located in Mandra‚ near Rawalpindi. The company cited “difficult economic conditions” including high taxes and low consumer purchasing power as a primary reason for the decision. The decision was described by Philip Morris as “difficult
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February 4‚ 2000‚ the Washington Post printed an article titled "Underage Smoking Fine Sought for Big Tobacco." Currently and in the past‚ the tobacco industry has fought many moral issues with the Federal Government and the general public. This particular article written by Charles Babington has two problems‚ which are‚ the federal government’s threat to increase taxes and fines on the tobacco industry and the industries practice in their advertising which is targeting underage smokers. The first
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TOBACCO – History TOBACCO is a plant native to the Americas and historically one of the half-dozen most important crops grown by American farmers. More specifically‚ tobacco refers to any of various plants of the genus Nicotiana‚ (especially N. tabacum) native to tropical America and widely cultivated for their leaves‚ which are dried and processed chiefly for smoking in pipes‚ cigarettes‚ and cigars; it is also cut to form chewing tobacco or ground to make snuff or dipping tobacco‚ as well as other
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and violent behavior. In fact‚ humans with a low-activity form of the MAOA gene are much more prevalent in populations with a history of warfare. These individuals are also more likely to join gangs and to use weapons in committing crimes than other persons” (Hickey 48). Beaver and Schwartz believe that the theories proposed over the past half-century have focused entirely on environmental explanations of criminal and antisocial behavior. The explanation of criminal and antisocial behavior is their
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Tobacco and the Economy: Farms‚ Jobs‚ and Communities‚ By H.Frederick Public health policies intended to reduce many forms of the bad effect of smoking-related illness which impact on a large number of businesses‚ workers‚ and cluster that related in tobacco industry. Recently‚increases in Federal and state tax‚limitation on smoking in public places‚increases in price arise from legal settlements‚and lower exports have impacted the tobacco industry.But most of affected are beyond the farm gate
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