Tobacco: inspiring changeSince its divestment from the tobacco industry, announced by Thomas Buberl earlier this year on May 22, AXA has reaffirmed its determination to fight this plague that kills six million people each year.
AXA is the first global private-sector company to commit to divesting from the tobacco industry. The Australian group Medibank followed suit, announcing its intention to redirect $170 million away from tobacco assets and create tobacco-free investment fund. More recently, Norway’s fourth largest pensions fund, AP4, also decided to exclude tobacco.
In October and November, AXA supported two anti-tobacco campaigns: Stoptober in the UK and a “No Smoking Month” in France. Smokers worldwide were encouraged to join the initiative to take advantage of the group support offered and increase their chances of success. To stop smoking, go to AXA PPP for advice!