You are here

Tobacco

We will avoid investing in:

  • Companies that manufacture tobacco products, including, but not limited to, cigarettes, cigars, tobacco for pipes and snuff, and smokeless tobacco products.
  • Companies that derive 10% or more of their revenues from the supply of tobacco-related products, including, but not limited to, products that facilitate the consumption of tobacco, such as pipes and rolling papers, or specialized materials, such as acetate tow or specialized packaging materials;
  • Companies that derive 10% or more of their revenues from the distribution and/or retail sale of tobacco products.