New warnings of investigations and hearings for ESG actors arrive from Republican Senators.
The $1.2 trillion fund excludes companies due to tobacco and recreational cannabis production, as well as environmental damage.
Shares in tobacco, booze, gambling, and the like are suffering in the pandemic era.
UK’s largest pension plan will shun investments, like tobacco and coal, it deems ‘financially unsuitable.’
AP2’s decision sees it keeping up with new laws, sister funds AP1 and AP4.
Initiative calls on finance industry to tackle ‘tobacco epidemic.’