Tobacco Free Portfolios
Rachel developed and led the UK and European strategy and its implementation for global NGO Tobacco Free Portfolios between 2015 – 2020.
Collaborating closely and working with C-Suite leaders and principals of the finance sector to formalise a position that encouraged and enabled moving all investment out of tobacco as a lynchpin of the ESG strategy.
The majority of Tobacco Free funds are now based in Europe and the UK.
Currently representing over $16 trillion in AUM, the Tobacco Free Finance Pledge, was launched in 2018 at the UN in New York. Supported by The Director-General of the WHO Dr Tedros Ghebreyesus, and signed by global leaders in finance representing Banks, Asset Managers, Pension and Superannuation funds, Insurance and Reinsurance companies, Sovereign Wealth Funds and philanthropic foundations.
The Pledge now has 200 + Signatories, including some of the world’s largest banks, insurers, and pension funds, headquartered in over 20 different countries. The Signatories represent capital in excess of US$ 16 trillion in AUM committed to tobacco-free finance.
Tobacco Free Portfolios, Green Money, 2023
