Swedish insurer Länsförsäkringar: No more tobacco holdings

Tobacco holdings are no longer part of Swedish insurance company Länsforsikringar's portfolio. The company has based its no tobacco decision on related threats to health, environment and biodiversity.
No more tobacco in the investment portfolio. | Photo: Liselotte Sabroe/Ritzau Scanpix 2018
No more tobacco in the investment portfolio. | Photo: Liselotte Sabroe/Ritzau Scanpix 2018
BY HELLA ANDERSEN

Swedish insurance company Länsförsäkringar AB has decided to divest of all holdings in tobacco manufacturers as well as Brazilian mining company Vale SA until further notice, according to news site for sustainable investments Nordsip.com.

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