As of August 2024, 210 entities, including banks, pension plans, asset managers and insurers, have signed TFPs Tobacco-Free Finance Pledge, collectively representing assets under management of over US$18 trillion.6 This would have represented approximately 15.6% of global assets under management in 2022 by fee-charging funds (US$115.1 trillion).7 Financial institutions are generally not willing to sacrifice financial returns in favour of ethical considerations.8 According to this view, investors seek to maximise returns, not make moral judgments, and a company selling a highly addictive, high-margin product in a large and established industry, with high barriers to entry, may seem a good investment
Friedman added that at their worst, [social media] can become addictive substitutes for real action. Thats a serious problem
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The Pocket Guide to Drugs and Health
The included Golden Tobacco pod features a 1.8ml capacity and 50mg nicotine strength for an intense throat hit and satisfying vape