Monday 23 May 2016

Axa to stop investing in tobacco industry

One of the largest insurance companies in the world says the economic and human costs of smoking are too high

Axa, one of the largest insurance companies in the world, will stop investing in the tobacco industry, it has announced.

The firm, which has more than 10 million customers in the UK, has also pledged to sell investments worth more than £1.7bn (£1.3bn).

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