Tobacco Free Portfolios is a not-for-profit organization with a mission to inform, prioritize, and advance tobacco-free finance by encouraging financial institutions and allocators to reflect on and reconsider commercial relationships with the tobacco industry and thereby aid decisions to exclude tobacco from investment, lending, and insurance activities. Their flagship initiative, the Tobacco Free Finance Pledge, was launched in 2018 and sponsored by Australian Prime Minister Malcolm Turnbull and French President Emmanuel Macron at the UN. The Pledge now has nearly 200 signatories worldwide representing over $16 Trillion in AUM committed to tobacco-free finance.
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